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...been a great year for many mutual fund investors. Standard & Poor's Equity Research reports that 165 equity mutual funds are up at least 47% through Oct. 31, or at least double the return of the S&P...
While investors in those funds should feel euphoric, S&P is quick to issue a warning to investors who might fall victim to those seductive returns. The S&P report, issued Friday, indicates that many of the best-performing funds relied on short-term strategies and paid little attention to the underlying fundamentals of the stocks in their portfolios, which could lead to a performance problem in 2010. "Using only a backward-looking approach to selecting funds [i.e., past performance] has significant flaws because it ignores the fundamentals of the stocks owned by the fund along with relevant risk...
Produced by Matthew P. Zehnder...
...aesthetic vision of director Mia P. Walker ’10 reflects this edginess with a combination of junkyard, diner, and car elements. “‘Grease’ has all the elements there,” she says. “It has sex, it has pregnancy, it has rock ‘n’ roll, it has rebellion, and it has insecurity. But it’s disguised in a sort of happy-go-lucky nifty fifties, toothbrush, Colgate, Coca-Cola guise. It’s the perfect show to rip apart...
...Erika P. Pierson is the incoming Columns Editor. She’s funnied...