rock, do u know that there are actually funds which outperformed the market when it was down?
And, I actually find that it would be pointless u ask ppl not to be another fund manager nor invest in them.
Afterall, it depends on people. If there weren't so many funds out there, do u think that the economy can be stimulated? People would just keep their money in bank or even dig a hole at the back of their garden and bunge it! Imagine if u do not invest, the economy will just move slow like a snail.
And u can't deny the fact that not everyone also has the finance knowledge. Some do still think that they can earn a profit when they invest in funds.
If u do not agree with me then explain to me why there are still so many people buy lottery?
This is life, so give fund managers a break!

Peace~
Added on May 10, 2009, 4:33 amQUOTE(MakNok @ May 9 2009, 10:45 AM)
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.
Of coz you can be like warren buffet, provided that you can do it at the right time, right place, and with the element of luck. Which has one of a million chance. How many people are there on this earth?
Of coz nothing's is wrong if u try to be like him. Even if u can't but i guess what u learnt would transcend a lot of people. Which makes u a better person, or perhaps, wealthier?
This post has been edited by kokofai: May 10 2009, 04:33 AM