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Letter "J" » John Coumarianos Quotes
«The big wire houses haven't grown up as money managers, which has hurt them.»
«We're confident about the longer-term prospects for the fund. Although it may not keep up with its more aggressive peers in a tech rally, we think its attention to long-term cash flow generation can help it in a slower-growth environment, when an earnings miss can send a richly priced stock reeling.»
«Overall, this fund gets my recommendation, with the caveat that it is more conservative than its peers. Since small caps have had a multiyear run, you may want to temper your exposure to this fund and make it a supporting player rather than a core fund in your portfolio.»
«It's a real boom-and-bust, roller-coaster business.»

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