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Letter "J" » Jim Lowell Quotes
«Trust the fund managers that you knew were equipped to do the job prior to (last Tuesday).»
«Harry Lange couldn't be a better pick to run Magellan.»
«[Mutual fund investors will share in the pain.] The funds that will probably be hit the hardest are the growth and income funds, ... They tend to overweight as much in financials as growth funds overweight in technology.»
«They're running without a tenth of their portfolio to meet redemptions. That's a hellish way to run a portfolio,»
«They were bearish for a reason,»
«Stansky could manage $200 billion,»
«They're running without a tenth of their portfolio to meet redemptions. That's a hellish way to run a portfolio.»
«They were bearish for a reason.»
«The funds that will probably be hit the hardest are the growth and income funds. They tend to overweight as much in financials as growth funds overweight in technology.»
«You can't use that to mask the real potential weakness in what used to be - or arguably still is - their core business. There's no question they've been moving against the tide with Magellan's woeful performance. And investors tend to think that as the flagship fund goes, so goes the rest of the fleet.»