PLynchJr

I'm the co-administrator for our company's 401k plan. I deal with the "average" investor on a day to day basis. Trust me...suggesting that investing in index funds is their best option is an understatement IMO. Just trying to get the average investor not to sabotage their investments by making horribly timed emotional decisions is very difficult. They have almost no chance of outperforming the indexes by attempting to pick the best value funds. Even if they did stumble upon one of the few funds that outperforms for a long period of time chances are they'd bail the first year the fund underperforms and chase the past performance of another "hot" fund.

He clearly states in this interview (and others) that the size of the fund has been an advantage in this market.

Nice interview. Thanks for the link.

Awesome notes. Thanks a lot! :)

Nice interview. I assume the fund he runs is a hedge fund? There doesn't seem to be any info available on it.

Board looks great. Thanks!