Originally Posted By: stlhead
Oh really? So they saw this coming and all of their funds did really well versus every other fund right? NOT!!!


Not speaking for any individual manager.....whether they saw it coming or not, a manager usually doesn't have the ability to pull out of equities. The individual investor has to make that decision. Mutual fund managers are restricted to the guidelines of the fund they manage...they have to do their best with the market conditions at any moment.