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There's a phenomenon called window dressing, which is occasionally indulged in by some of the mutualfunds, especially some of the more popular mutualfunds out there. Tesla, I recommended in 2011 just weeks after Elon Musk had visited Motley Fool headquarters and given a stump speech about Tesla.
Are most people better off in an index fund than playing with an active manager, be it mutualfund or high fee hedge funds? SEIDES: John Yeah, I said back then, the bet started in 2007 and I say today, being in the market and investing in hedge funds is completely apples and oranges. Was Warren Buffett right?
Our pension funds, mutualfunds, insurance firms, and other managers of Canadian savings send billions of dollars every year to the United States, the Asia-Pacific, and Europe to invest in their growth companies while young Canadian businesses find themselves starved of funds. This needs to change.
I remember it really well because I just finished building this house in West Virginia and we, we were taking occupancy in early August, and it was, it was literally the same day that BMP Paraba shut off redemptions from some of their mutualfunds, caused all sorts of chaos in Europe. You need to come up with more collateral.
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