The big news is the fact that AOL has dropped out of the top 10 holdings in so many funds.
More Quotes from Eric Kobren:
People gravitate towards Magellan and it really hasn't let them down for the most part, so I think it says a lot for our economy, it's followed our economy an is responsible, in large measures, for the success that consumers have today.Eric Kobren
It's her decision whether or not she wants to run (Fidelity). She owns the company. Having said that, I think she does deserve this position.
Eric Kobren
Peter was good with the media. He gave interviews, he talked about stocks with intensity, people liked that. He's a very, very smart guy. He's an acknowledged leader in the field. And that put a personality to the fund, to Magellan and to Fidelity.
Eric Kobren
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