It’s not only me.
The manager of Yale’s endowment, David Swensen, earned an average of 16% per year for the 20 years of his tenure. According to the Wall Street Journal:
Five years ago, Mr. Swensen set out to write a book that would bring the lessons he learned to individual investors. Instead, he says he […]
As The New York Times reports mutual funds on the whole have been lowering their fees. An exerpt:
John C. Bogle, the founder of Vanguard and a persistent critic of fund managers, said that Mr. Spitzer’s efforts had reinforced competitive pressures acting to bring down costs - although not enough to seriously impair the […]
Now here is an interesting idea: VDARE.com: 03/30/05 - “Follow the Money” to Oppose Home Depot!
Sandra Miller advocates contacting the investment managers of mutual finds you might own and asking them to contact management of the companies they are invested in. Her interest is preventing public companies from hiring illegial aliens (undocumented workers); however, […]
My first question: Why do mutual finds advertise for new invetors all of the time? Mutual in this context means owned by the customers. The stockholders in the fund own the fund.
Everything the fund spends comes out of the owners return. So if the mutual fund runs a large […]