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Rekenthaler Report

The Lesson of Hard Knocks: Part 2

John Rekenthaler

Thanks, I Guess
Two weeks ago, I revisited my participation in a fund-selection contest that began in 1993 and ended seven years later. That column’s main points were: 1) sometimes, finding the right asset class is much more important than landing the right (or wrong) portfolio manager; and 2) good luck to financial advisors who find themselves having to explain that to clients.

I figured that article ended the matter, as I could not find my recommended portfolio using a Google search. Unhappily, Happily, a reader named Nick Willett located what I could not. This left me no choice but to revisit the decisions, painful as that process might be.