William "Bill" Doughertywas an American businessman, lobbyist, and Democratic politician who was the 31st Lieutenant Governor of South Dakota from 1971 to 1975... (wikipedia)
When you buy a load you tend to have the discipline to hold it longer.
John Brennan is a very smart guy - no nonsense, abrasive, sharp, provocative.
Last year, growth was so ahead of value that people were wondering why they even had value (holdings).
You can buy almost anything. When your employer gives you the window, he's doing a good job. It offers more diversification.
Value is in the dumps. It's not the managers. The problem last year was asset class performance. If you were a value manager, you didn't do well.
The stars emerge as asset classes do well. A star isn't a star just because he's a genius. It's the style he's investing in.
There's certainly a demand for it (an interactive fund), if you consider the number of e-traders today. It's addressing the active Internet investor.
It's obviously huge if they allow individuals to invest some portion of their Social Security.
It's for sophisticated investors. ... Unless you're good, it's very dangerous to go too far from the offerings you have. You're taking more risk.
It was a minor leak, and virtually all of it has been contained. A cleanup was launched immediately, and we are working hand in hand with the Japanese Coast Guard.
If you can do it yourself, why bother with loads?
If you have a balanced position, a growth fund and a value fund, you stay with them. Investors really don't understand growth versus value.
These are not marquee-name stars. These are hidden stars.
The market has broadened out to mid- and small-caps. People who aren't diversified are really feeling the pinch.