The tech rally and value slump have been headwinds for these Morningstar Medalists, but don't count them out.
Leaning against flow and performance trends can be beneficial.
An investing legend gets us thinking about a straightforward concept.
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.