Sheldon Jacobs
Sheldon Jacobs
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,
dips far growth quite stocks tend valleys
Over the long run, they go up as far as growth stocks or growth funds, but they tend to do it with a little smoother ride, you don't have quite the same dips and valleys with the value.
expansive miller view
Miller has an expansive view of value, to say the least.
fortunate returns
I think we'd be very fortunate in 2001 to get returns of 10 percent. Double-digit returns are a thing of the past.
nobody
Nobody really wanted to come out with an index fund.
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.
fund heavy technology
Any fund that's heavy in technology has not done well.
factor overall paid taxes
They say 'Most of the shareholders are in IRAs' and taxes aren't a factor in IRAs, ... They say 'I'm being paid on overall performance.'
balanced buys fund stocks together
A balanced fund buys stocks and bonds, and when you put the two together it reduces volatility,
commend earning life stage
If you're in your 20s, then you can be pretty aggressive, ... But if you're in the stage of life where you don't have many earning years left, there's a lot to commend in this portfolio.
following investing people rule totally
The people that are still in (the Steadman funds) just are totally unaware. They are not following their investments, and that's the first rule of investing -- to follow it.
classic fantastic
What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year.
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,