On Mar 7, 2007, at 4:19 PM, andie nachgeborenen wrote:
> honest management fees on mutual funds
> involve the provision of real services, investment
> analysts doing work the investors won't or can't do,
> assembling bundles of securities, watching them,
> buying and selling at the right time, etc.
Except they mostly do a crappy job of it. Most people, unless their last names are Buffett or Soros, should just stick with index funds.
Doug