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Foolish Special

[ August 25, 2000 ]

Top 5 Underperforming Fund Manager Excuses

Fund managers are past masters of the plausible but meaningless excuse. How do the underperforming fund managers -- and that's the vast majority of them, remember -- explain their failure to beat even the market average?

We're overweight.

We're underweight.

We're playing a waiting game.

We've waited too long.

And the top excuse from an underperforming fund manager...

Let's wait and see.

 More Top 5 Lists
• Investing quotations from football pundits
• Clues that you've bought a dud stock
• Credit card tricks

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