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Investing/Strategies / Retirement Investing
|Subject: Re: Need some input||Date: 4/2/2002 1:27 PM|
|Author: pauleckler||Number: 34086 of 82741|
I had Oakmark fund for a while. I would class it as a value fund. Its manager had a great run playing one of the bank stocks that went through a series of acquisitions. He made out like a bandit and the fund did very well in the early '90s.
But he couldn't do it again. Oakmark completely missed the tech rally. It underperformed for all those years.
When techs crashed, Oakmark came back.
Its a very good example of a fund manager who once picked a winner and has been unable to do it again.
I would buy it only if you like value funds.
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