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 Fallacy about long fund, hedge fund & fund manager, 90% fund managers do worst than you!

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MakNok
post May 9 2009, 10:45 AM

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Provided Fund Manager don't CON people of telling them "sweet" "sweet" words which is very wrong.

The last year market crash render many many investor investment back to stone age!!
Many of my colleague shaking their head coz the sweet of agent that promised them the return will be much better than EPF dividend..

Many of my colleague are taken in by the Mutual funds "extra unit dividend" which increase the investment value but last year Market crash really shatter thier confidence.

Can you tell me how many so-call "niche funds manager" never got burnt last year???





QUOTE(happy4ever @ May 7 2009, 11:16 PM)
If everyone can do that on their own, who's going to throw the garbage for you?

Fund managers are there to serve a niche. For the people who aren't competent to manage their own investments.
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Added on May 9, 2009, 10:53 amDon't understand why people worship warren buffet so much..

Can we be like Warren Buffet?

we have our own brain which can analyse what is wrong and right...read more...see current trend....invest wisely...which is basically all we can do now.
It is more important how well your investment portfolio fare during good and bad times.

What i meant is that fund manager don't promise this and that.




QUOTE(kokofai @ May 8 2009, 11:09 PM)
But the fact is, when WB says something, everyone seems to believe in him so much. In other words, everyone treats him just like a GOD!
Yeah he might not be that good as u said, but the fact is, he made billions of billions. he's rich, he's brilliant, he's so influential.

This is a FACT. What can u do to prove that he's not good? WE CAN'T! coz... it's the fact. he's GOD. We don't have any "right" to comment on him.

yes u can...
U cannot prove him wrong until u become the world's richest man one day. smile.gif
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This post has been edited by MakNok: May 9 2009, 10:53 AM

 

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