Comments on: Every Stock Mutual Fund Lost Money in 2008 But One http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 19:17:10 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: winslow http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128505 winslow Mon, 24 Nov 2008 21:35:06 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128505 A few of the funds I own state in their prospectus that they can go into Treasuuries in uncertian times. Did any of the managers move to Treasuries? No!!!!! If not in this environment, then when? A few of the funds I own state in their prospectus that they can go into Treasuuries in uncertian times. Did any of the managers move to Treasuries? No!!!!! If not in this environment, then when?

]]> By: jake103 http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128279 jake103 Mon, 24 Nov 2008 02:04:14 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128279 This 1 fund was down 3% Friday and is now down YTD: http://econompicdata.blogspot.com/2008/11/equity-struggles-1-in-11585-down.html This 1 fund was down 3% Friday and is now down YTD:

http://econompicdata.blogspot.com/2008/11/equity-struggles-1-in-11585-down.html

]]> By: E http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128243 E Sun, 23 Nov 2008 23:00:39 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128243 I'm up 55% this year - and I don't even do this for a living. Thank the chubby cheeked baby jesus for self directed 401k accounts and double inverse ETFs. I’m up 55% this year – and I don’t even do this for a living. Thank the chubby cheeked baby jesus for self directed 401k accounts and double inverse ETFs.

]]> By: JohnnyVee http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128239 JohnnyVee Sun, 23 Nov 2008 22:19:51 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128239 I didn't lose any money either. I didn’t lose any money either.

]]> By: businessword.com http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128238 businessword.com Sun, 23 Nov 2008 22:17:42 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128238 On the bear market funds, I screened Yahoo.com, which uses the M* screener, for stock funds up 50% or more in last 12 months and got about 20 that are up 51% to 106%. On Morningstar.com, more showed when I last looked a couple of weeks ago. Here's a link to the screen results at yahoo.com: http://screen.yahoo.com/a?cc=1%3B&nm=&proy=&mgrt=&rtmin=&rtmax=&retrmin=&retrmax=&risrmin=&risrmax=&trytd=&troy=200%2F&trty=&trfy=&mii=&mfl=&er=&namin=&namax=&tomin=&tomax=&mmcmin=&mmcmax=&vw=6&db=funds On the bear market funds, I screened Yahoo.com, which uses the M* screener, for stock funds up 50% or more in last 12 months and got about 20 that are up 51% to 106%. On Morningstar.com, more showed when I last looked a couple of weeks ago. Here’s a link to the screen results at yahoo.com:

http://screen.yahoo.com/a?cc=1%3B&nm=&proy=&mgrt=&rtmin=&rtmax=&retrmin=&retrmax=&risrmin=&risrmax=&trytd=&troy=200%2F&trty=&trfy=&mii=&mfl=&er=&namin=&namax=&tomin=&tomax=&mmcmin=&mmcmax=&vw=6&db=funds

]]> By: businessword.com http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128235 businessword.com Sun, 23 Nov 2008 22:02:36 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128235 What is the fiduciary liability of portfolio managers who failed to protect the capital of their investors, pension holders, etc.? Will mutual funds lose money/clients to ETFs, which give control to speculators? State, municipal, corporate pension funds and many college endowments have performed as poorly as mutual funds. Are they protected from lawsuits for not protecting capital. Can the boards of the funds be sued for obligating their money managers to be fully (90%) invested in equities? Were such rules set to ensure fee income for those mutual funds rather than to protect investors? Will "institutional investors" be relabled "institutional speculators"? Why doesn't the M* data reflect bear market mutual funds, which are up 40% to more than 100% from 12 months ago? Yes, they're small with the biggest having $189 million or so in assets, but they're there. With institutional speculators so wasted, do any have cash "on the sidelines" to put in the market when it rallies? Lots to blog about, Barry. Hope you or someone has some answers. What is the fiduciary liability of portfolio managers who failed to protect the capital of their investors, pension holders, etc.?

Will mutual funds lose money/clients to ETFs, which give control to speculators?

State, municipal, corporate pension funds and many college endowments have performed as poorly as mutual funds. Are they protected from lawsuits for not protecting capital.

Can the boards of the funds be sued for obligating their money managers to be fully (90%) invested in equities? Were such rules set to ensure fee income for those mutual funds rather than to protect investors?

Will “institutional investors” be relabled “institutional speculators”?

Why doesn’t the M* data reflect bear market mutual funds, which are up 40% to more than 100% from 12 months ago? Yes, they’re small with the biggest having $189 million or so in assets, but they’re there.

With institutional speculators so wasted, do any have cash “on the sidelines” to put in the market when it rallies?

Lots to blog about, Barry. Hope you or someone has some answers.

]]> By: Vik http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128228 Vik Sun, 23 Nov 2008 21:11:52 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128228 Gold (GLD) is also up. Gold (GLD) is also up.

]]> By: larster http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128227 larster Sun, 23 Nov 2008 20:49:08 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128227 According to todays NYT aricle "Love, jobs and 401(k)'s", people are now consulting psychic's for investment advice. I repeatr- the average person cannot run his own money. According to todays NYT aricle “Love, jobs and 401(k)’s”, people are now consulting psychic’s for investment advice. I repeatr- the average person cannot run his own money.

]]> By: wally http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128217 wally Sun, 23 Nov 2008 19:23:16 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128217 That is quite an indictment of 'money managers'. The idea that you can look at trivial details about past performance of stocks to buy stuff with other people's money -earning a fee for so doing - and then just sit there while the table tilts and everything slides off has proven to not be a good strategy. 11,584 mutual funds managed by people with their heads up their butts. That is quite an indictment of ‘money managers’. The idea that you can look at trivial details about past performance of stocks to buy stuff with other people’s money -earning a fee for so doing – and then just sit there while the table tilts and everything slides off has proven to not be a good strategy. 11,584 mutual funds managed by people with their heads up their butts.

]]> By: jbthom http://www.ritholtz.com/blog/2008/11/every-stockfund-lost-money/comment-page-1/#comment-128216 jbthom Sun, 23 Nov 2008 19:08:01 +0000 http://www.ritholtz.com/blog/?p=10554#comment-128216 I think it's interesting the Rydex family of mutual funds isn't considered as making money. They have a number of funds that play the market short. I think it’s interesting the Rydex family of mutual funds isn’t considered as making money. They have a number of funds that play the market short.

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