The tech rally and value slump have been headwinds for these Morningstar Medalists, but don't count them out.
An investing legend gets us thinking about a straightforward concept.
Leaning against flow and performance trends can be beneficial.
Looking at performance since 2000 creates a better picture of which funds have delivered for investors.
A group of top managers remains cautious and commits more capital to traditional defensive sectors, while taking advantage of a rising (and potentially overvalued) market to book some gains.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
These fund categories may be due for a rebound.
Bill Miller’s impending departure offers a blueprint for how to react to the news.
There is no easy answer.