PLynchJr
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Posts posted by PLynchJr
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The thing I can never get past is that he, repeatedly in interviews, very clearly lays out the problems with the fund being so large. It's not just the current level of assets, but the level of assets in 5 and 10 years if he continues to do well.
And yet he still refuses to close the fund.
He clearly states in this interview (and others) that the size of the fund has been an advantage in this market.
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Nice interview. Thanks for the link.
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Awesome notes. Thanks a lot!
:)
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Nice interview. I assume the fund he runs is a hedge fund? There doesn't seem to be any info available on it.
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Board looks great. Thanks!
Watsa and Buffetville
in General Discussion
Posted
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.