Comments on: Mutual Fund Companies are Doomed….

By: Gauntlett

Gauntlett — Tue, 18 Nov 2008 21:56:17 +0000

In response to Bill Flick:

“Are you yelling FIRE in a crowded theater?
I would expect an article of this tone will only serve to worsen the status of mutual fund companies.
Sometimes the best action is no action, i.e. keep your mouth closed!”

Bill,

Are you suggesting that we just sit back and turn our heads and say nothing? Sure there is a feedback loop, but telling someone not to speak their mind? We need more transparency not opacity. You might as well say shhhhhhh don’t tell anyone the milk is sour. They will eventually figure it out.

-T

By: How AltaPacific Mortgage Investment Co. was born « AltaPacific’s Blog

How AltaPacific Mortgage Investment Co. was born « AltaPacific’s Blog — Sat, 15 Nov 2008 22:00:22 +0000

[...] No Comments It all started when one of AltaPacific’s founders became frustrated with the performance of his mutual funds being managed by his financial planner. We’re not here to be critical of financial [...]

By: You are not alone in your frustration with Mutual Fund performance « AltaPacific’s Blog

Tue, 11 Nov 2008 18:45:05 +0000

[...] Mutual Fund companies are in peril Mutual Fund companies and their performance [...]

By: Mutual Fund Companies in Peril | The Disciplined Investor

Mutual Fund Companies in Peril | The Disciplined Investor — Tue, 28 Oct 2008 03:35:41 +0000

[...] You are not alone when you look at your portfolio of funds and wonder what happened. Investors are pulling money out of all types of funds at a record pace and mutual fund companies such as Legg Mason, T. Rowe Price Group, Janus, Alliance Bernstein and Franklin Resources are struggling and will continue to struggle on many different levels. As investors have been withdrawing funds due to their dissatisfaction with performance, even the fund company’s highest profit margins from money market funds has come under fire. In addition, competition in the form of low cost ETFs is also gaining strength as investors are looking for alternatives. (See “Mutual Fund Companies are Doomed” here) [...]

By: Bill Flick

Bill Flick — Mon, 27 Oct 2008 22:35:05 +0000

Are you yelling FIRE in a crowded theater?

I would expect an article of this tone will only serve to worsen the status of mutual fund companies.

Sometimes the best action is no action, i.e. keep your mouth closed!

By: joe baxter

joe baxter — Sun, 26 Oct 2008 03:27:12 +0000

I worked at a mutual fund company for a few years, and here are a few quotes from fund managers I worked with:

“I’ve never used options, and I never will” — this was the response when I recommended the buying of puts, and covered calls to help protect investor accounts as the market begin to tank in late 2007.

“It’s only money, and it’s not even ours!” — overhead two fund managers joking around about how much money their funds were losing, this is what one of them actually said.

now we understand why hedge funds are doing much better than mutual funds — hedge funds actually understand that stocks go down, not just up.

By: Mutual fund companies are in peril | The Stock Watch

Mutual fund companies are in peril | The Stock Watch — Sat, 25 Oct 2008 19:47:02 +0000

By: SS7: Black Thursday & The Parallels To 1929, Absurd CEO Pay & Other Fun Wall Street Topics Du Jour | TIM - Timothy Sykes

Sat, 25 Oct 2008 18:23:39 +0000

[...] Mutual fund companies are doomed (most investors don’t realize that even their balanced funds are down 30%+ this year LOL) [...]

By: Jonathan Lawson

Jonathan Lawson — Fri, 24 Oct 2008 22:15:53 +0000

Give me an ETF that has tradeable options anyday!