Sheldon Jacobs
Sheldon Jacobs
benchmark blend fair fund large lower performance rankings
To me, it's more significant that he's in the lower rankings of performance for large blend funds, ... It's more fair to benchmark a fund to that fund's category, not an index.
capital funds investors paying reporting taxes worry
Funds have been reporting big losses, so most investors won't have to worry about paying taxes on capital gains.
close flowing funds gotten large money
Funds close for two reasons. They've gotten too large or there's too much money flowing in.
diligence following fund nobody stayed
Nobody who's following (Steadman) even with cursory diligence would have stayed with the funds, ... No-Load Fund Investor.
fund good hot missed nobody record sell
Nobody is going to be perfect. I would not a sell a fund with a good record just because it missed a hot sector.
aggressive assets funds growth people percent plenty
There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund,
balanced buys fund stocks together
A balanced fund buys stocks and bonds, and when you put the two together it reduces volatility,
fund heavy technology
Any fund that's heavy in technology has not done well.
company fund groups hands larger research
The larger fund groups all have research analysts. You can't just take what the company hands you.
convenient fund groups money move phone spread
If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.
determined efficient fund managing market niche performance rather
The market is so efficient that the performance of a fund is determined by the niche it's in rather than who's managing it,
care good managers market trend wrong
Managers aren't doing the wrong things - the market has changed. I don't care how good a manager is - if the trend changes, he's going to look bad.
classic fantastic
What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year.
nobody
Nobody really wanted to come out with an index fund.