Mercer Bullard
Mercer Bullard
average depend fund investor market mutual strong technology
The average investor shouldn't have to depend on a strong IPO market for a technology-focused mutual fund to excel.
economist factor fund given investment lower pick single terms
Any economist will tell you that in terms of predictive power, there's no comparison. In a given investment category, if you're to pick a single factor to go on, you're going to do better in a fund with lower costs.
bars fluctuate investment
If you have bars that fluctuate up and down dramatically, you know that this is not a short-term investment vehicle.
positive step
This is a very positive step for shareholders and the industry.
factor particular single
Fees are the most important single factor in evaluating a particular fund.
bad higher investors result
They're bad for investors (and) result in higher compensation for brokers.
doubt downward great margins placed pressure
It was great that he went after fees. I have no doubt that at the margins those settlements placed downward pressure on fees.
basis choose eliminate expensive funds mutual point worst
Every basis point matters. If I had to choose between eliminating mutual funds that are the most expensive or those that are the worst performers, I'd eliminate the most expensive ones.
funds kinds living lots
There are lots of hedge funds making a living doing these kinds of trades.