These losses have wiped away Value Trust’s years of market-beating performance. The fund is now among the worst-performing in its class for the last one-, three-, five- and 10-year periods, according to Morningstar.
Here is the type of learning opportunity that will become increasingly available as chronicles of the demise of stock pickers and market timers [...]
Filed under: Costs of mutual funds, Market meltdown learning opportunities, Wealth management in a post-meltdown world | Tagged: Add new tag, Bill Miller, Great Depression, Legg Mason, market crash, Stock Picker, Value Trust: | Leave a Comment »
