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'Go-Anywhere' Funds Struggle To Read The Economic Road Signs

Monday, December 26, 2011 - 6:36 AM
From the Wall Street Journal
They were supposed to be the ultimate weapon for turbulent times: mutual funds with the freedom to buy any assets they want, anywhere in the world. But as investors have flocked to so-called go-anywhere funds this year, many have gone nowhere but down.

It's another example that the new inventions from "investment experts" often turn out to be disappointments.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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