Russell Kinnel
Russell Kinnel
appealing good
It's a good strategy, a good manager, just not a very appealing wrapper.
aside balance boom dividends giving good growth guy job mutual points sharp sheet strategy
He's a very sharp guy who did a really good job at Mutual Series. They got points for not giving up on their strategy during the growth boom and tossing aside dividends and balance sheet analysis.
awful bear best good market performers quarter worst
Some of the best performers for the bear market had an awful quarter and some of the worst performers during the bear market had a good quarter.
few generally good guarantee learn manager meaningful record smart track
Generally you go with a manager who has a meaningful track record somewhere. It doesn't guarantee this is a smart or good manager, but at least it said I've got a few years and I can learn a lot from that.
bloated finding foreign good hard open time
If you thought you were the only one having a hard time finding a good small-cap fund, foreign or domestic, that was still open and not too bloated from assets, think again.
assets early expect fund late net next surpass terms vanguard year
We expect the Vanguard 500 Index Fund to surpass the Magellan Fund in terms of net managed assets by late next year or early 2000.
brooks changed changes early effort experience funds improve investment providing reliable research skill stages
Putnam is in the early stages of a restructuring effort aimed at providing better, more reliable performance. It may be years before Putnam funds have a lot of appeal. Stock-picking skill and experience aren't changed overnight. Even if Haldeman and (head of research Josh) Brooks succeed, it will be years before their changes can markedly improve investment results.
add estate generally hesitant narrow recommend
Utilities and real estate are pretty narrow sectors. And real estate has had such a run, I would be hesitant to add more at this point. So I generally recommend diversified dividend plays.
accuse awesome capital closet job
No one would accuse Lange as a closet indexer. He's done an awesome job at Capital Appreciation.
bond produce stake strategy stretch though
You have a very conservative strategy even though the bond stake isn't great. They're not going to stretch to produce yield.
ask fund trust
You have to ask yourself why you should trust the fund company.
asset bases entirely fidelity policy size
Fidelity bases its IPO allocation policy entirely on asset size and that's the way it should be.
disasters fall funds hard might
The big funds are very well managed and very well diversified. They might fall as hard as the S&P, but there aren't a lot of big disasters there.
fewer fund investor mutual
It's a challenging thing to do, and probably can be done a little more tax-efficiently by the mutual fund than by the investor who has fewer holdings.