No. of Recommendations: 4
OK, Richard, here's the question: Is there going to be a disclosure policy?

Here's the comment, from me. What I'd like to see is a statement from TMF's individually discussing individual stocks, whether they own any of that stock or not. That's all; not how much they own, or how much they paid if they did. And, if they were discussing Fool portfolios, I don't think they'd need to discuss whether their own trading was reflective of the port's methods or philosophy.

Here's what I'm thinking of in the last sentence. You could imagine a 32 year old woman with a small child hired to be a mutual fund manager for the Fidelity Geezer Portfolio, a fund I just thought up but which is devoted to putting cash under the mattress as one of its principal strategies. If she herself went for aggressive growth, that would be irrelevant to the Geezer Port.

But, if the same person, now turned in my thought experiment into a TMF, were talking about, say, and said "I think you should take your lumps and put the cash under the mattress," then Fools should know whether she had already taken her own advice, was planning on taking it, or had no direct interest.
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