Funds close for two reasons. They've gotten too large or there's too much money flowing in.
More Quotes from Sheldon Jacob:
The larger fund groups all have research analysts. You can't just take what the company hands you.Sheldon Jacob
The numbers would have been a lot worse if it weren't for the turnaround in the last three months. The real losers of 2001 were big winners in the fourth quarter.
Sheldon Jacob
Managers aren't doing the wrong things - the market has changed. I don't care how good a manager is - if the trend changes, he's going to look bad.
Sheldon Jacob
Readers Who Like This Quotation Also Like:
Based on Topics: Reasoning QuotesMen acquire a particular quality by constantly acting in a particular way.
Aristotle
The problem is essentially that of communications to an army in action. After a rapid advance communications become disorganized, and there is a temporary halting until they are again in working order.
John Desmond Bernal