4 ms·
yeah, they won't be able to sell when they need to... they act like a small-time investor.
by Black101 6y ago
yeah, they won't be able to sell when they need to... they act like a small-time investor.
- riffraff 6y agonah, they act like many active managers: things seem great as long as things go up and people keep entering the theatre, and then suddenly there's a downturn and there's a tiny door to get out, and the fund is screwed. See for example Neil Woodford[0] [0] https://en.wikipedia.org/wiki/Neil_Woodford https://en.wikipedia.org/wiki/Neil_Woodford
- Black101 6y agothey say that they have 40 years of experience... surely they should have went through at least 1 major crash... unless they add up the all the 1-year intern years. I wasn't investing in stocks but I'm 40 years old and I remember 2008. The house I bought back then tripled in value when I sold it.