Scott Cooley
Scott Cooley
Scott Cooleywas an Old West Texas Ranger and later outlaw, best known for his association with gunman Johnny Ringo...
help mentality people
A mentality has set in that you should never get help with your finances. But some people would benefit.
great
You can't look at any one of those and say they're having a great year.
airline argument build choosing goes guess hypothesis likely management run stocks travel
They're run by the same management team, and their argument for choosing airline stocks is that air travel is likely to build over time. I guess this goes to show how even that well-built hypothesis can be vulnerable.
dedicated fantastic people record
Probably most people don't know who he (Weitz) is, but he has a fantastic record and a dedicated following.
confidence happened month past
My confidence in them would not be shaken by what's happened over the past month or so.
chasing flows growth investors nearly perception performance poorly problem reality seen start stocks strong technology throughout vice wonder
Nearly everything that had done well in 1999 has done poorly this year, and vice versa. I think the problem is perception lags reality with investors. Throughout this year, we've seen strong flows into technology and growth funds, and the stocks haven't done well. You wonder when investors will start chasing performance and go to value.
bullish companies cutting debt fed people prospects
This year, with the Fed cutting rates, people are getting bullish on the prospects of these companies making their debt payments.
backup barney beyond center companies extent fund funds happened initial investment key offices operations personnel question response seems smith trade
To the extent that fund companies had operations in the World Trade Center, they typically have backup files, so there shouldn't be any problems. Beyond that, the question is what happened to key investment personnel, and the initial response seems to be good. Oppenheimer Funds had offices in that building, and most of their personnel seems to be accounted for. And all personnel from Salomon Smith Barney was evacuated from 7 World Trade Center before it collapsed.
managers smartest
He is one of the smartest managers around.
caps general jump moves people prices share trading
In general micro caps are riskier because their share prices jump around more because not as many people are trading them so moves can be more dramatic.
actively funds mix
Indexing is a long-term strategy. It still makes sense to have a mix of index funds and actively managed funds.
actively beat funds given percent
In any given market, index funds should beat 60 percent of actively managed funds, not 90 percent like it's been.
bit funds
I really think that it's a little bit of a quirk that a lot of funds were able to do well.
business handful lose managers shirt studio uncertain
I can't think of many managers who like studio stocks. It's a business with pretty uncertain returns. You can lose your shirt making a handful of movies.