Comments for Mutual Fund Scandal Watch

Comment on Endowment fund secrets not so easy to emulate by investment-scientist

investment-scientist — Mon, 09 Mar 2009 21:37:47 +0000

Harvard and Yale Endowments on average out-performed other endowment funds by 5%. About 1% of the outperformance is due to their asset allocation, this part is somewhat easier to emulate. 4% of the outperformance is due to their alpha generation capability, this part is nearly impossible to emulate. Check out Yale Endowment asset allocation. It discusses the extent to which you can emulate the Yale approach.

Comment on Fidelity couldn’t care less about prudent investing principles by trent tucker

trent tucker — Wed, 03 Dec 2008 02:00:47 +0000

Regarding the George Soros comment about mutual funds as assett gatherers not investors, the same applies to the larger budget financial firms which lose on average 15% of their client base each year (there is a reason) yet marketing brings in 18% new accounts to replace them. The better firms experience only 3% attrition. Why would this be? It is the training of their brokers and the survival process which creates assett gathering machines. But it is changing. Why? The Internet. Investors can do it on their own and now have more information via the World Wide Web than the major brokerage houses had when they controlled almost all the investment information. Great marketing only counters poor service so long, especially with so much information available.

Trent Tucker author Wall Street Dancers http://www.strategicbookpublishing.com/TheWallStreetDancers.html.

Comment on The “viability” of 401(k) plans: Let the debate begin by Jeff Rockhill

Jeff Rockhill — Fri, 14 Nov 2008 14:45:50 +0000

What ever happened to the “fixed” 401k acount? I had a 401k back in the early 90’s & one of the options was a fixed account. No risk. The percentage rate was higher than banks could offer in a savings account . The rate would go up & down but never negative. I withdrew the whole account & never got back in because they did not offer that option anymore. Was this a government change or was it the company I worked for? I am not a gambler & would not take the risk.

Comment on Endowment fund secrets not so easy to emulate by milt tomkins

milt tomkins — Sat, 25 Oct 2008 18:17:15 +0000

Very Informative!!!!!! in researching hedge fund secrets, I found 2 great books Hedge Fund Trading Secrets Revealed….by Robert Dorfman and Confessions of a Street Addict by Jim Cramer wriiten before he got really famous… Both are riveting

Comment on Money for nothing: candidates curry favor by promising to break the rules by Kathy

Kathy — Tue, 21 Oct 2008 00:36:51 +0000

Why is the government punishing people who save their money and are not in debt????????

Comment on Endowment fund secrets not so easy to emulate by Chirag Jain

Chirag Jain — Tue, 07 Oct 2008 14:54:47 +0000

Interesting!! The top B-Schools are going to have those endowments anyway….their contacts, alumni in top global positions and a wide range of professors and so many people to tap does help.