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Chuck Jaffe: What Fund Managers Say About Your Money Isn’t Always What They Mean

FYI: The inauspicious start to the year coincides with the time when mutual fund managers are writing their annual notes to shareholders. Now a manager must explain average or mediocre results from 2015, as well as allay the rising fears shareholders have after 2016’s rocky start.

Yet too often there’s a difference between what fund managers say and what they mean. Knowing the catch phrases and double-talk can help you determine if your manager has courage in their methods and convictions, or are spewing sewage.
Regards,
Ted
http://www.marketwatch.com/story/what-fund-managers-say-about-your-money-isnt-always-what-they-mean-2016-01-27/print

Comments

  • edited January 2016
    Sorry, Chuck ... but you're no Jason Zweig. His 2015 "Devil's Dictionary of Finance" is a must-read. This was a thinly-veiled homage to that at best. Useful, sure -- but clearly trying to horn in on his work.
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