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WealthTrack: Q&A With David Winter, Manager, Wintergreen Fund: Video Presentation
I like David Winters in interviews, I agree with what he has to say about long-term (as he notes in the interview, "the most distressed investment today is long-term investing), but again, the title card notes "hedge-fund flexibility" - it hasn't really showed that very much at all. WGRNX has only done a little better than Marketfield (MFLDX, a fund that I think defines a "mutual fund with hedge fund flexibility") over a 5 year term and WGRNX has a lot more risk. He also doesn't really explain the high fees (which she actually asks him about) in a way that I think is going to satisfy those questioning them.
@Scott: Talk is cheap, the funds performance YTD 75 percentile, one year 96 percentile, three years 75 percentile five years 52 percentile doesn't cut it. As I said before this fund is one drumstick away from becoming a turkey. Regards, Ted
Comments
Regards,
Ted