In sector plays, you should buy after a down period, when the numbers look terrible. But when you look at a fund, if similar funds have done well and one fund has done poorly, you don't use that logic.
More Quotes from Scott Kahan:
Investors have been buying a lot of securities in the last year that haven't made a lot of sense to buy. They bought stocks without knowing why, and so now they're selling stocks without knowing why.Scott Kahan
What happens is when something does well, people throw money at it.
Scott Kahan
With interest rates rising, we're advising people to go back to bonds.
Scott Kahan
Don't look at the past six months. Look at the past five, 10 or 20 years of returns.
Scott Kahan
It's been a hard lesson for some, and a good lesson for most people.
Scott Kahan
People look at technology like it's a shining star, but it's no different than any other sector. A few good years can really pull up the averages. But a few bad years can really pull down the averages.
Scott Kahan
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Based on Topics: Logic QuotesThe man of science is a poor philosopher.
Albert Einstein
I'm always on the quest for something delicious and healthful.
Joely Fisher
I'm a victim of maybe circumstances, but look at how it worked out.
Jessica Hahn