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In this Discussion

  • 00BY September 2018
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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What MF Managers Say

I don't pay a lot of attention to MF managers' narratives unless it's someone who has a record of good analysis and honest explanation about their funds' performance. The following sentence struck me while reading a semi-annual report of a fund that used to be very successful but is no longer managed by the person responsible for the out-performance. The fund has lagged badly since then, maybe this is the reason: "Generally speaking, the fund’s holdings did not receive favorable
market attention during this time." Needless to say, I'm not buying.

Comments

  • I hope there was a more thorough analysis... That seems pretty pathetic.... "Everyone else thinks my ideas were bad this quarter"
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