For the most part, I think it's a good thing. I think funds should report every month. Some fund companies haven't taken advantage of technology to report information.
More Quotes from Russ Kinnel:
Many investors probably don't realize how much of a difference there is in research at different shops. It's an under-appreciated part of the business, but it's the heart and soul of it.Russ Kinnel
He'll still have a big impact and a lot of influence, ... Brennan is not the outspoken zealot that Jack Bogle is. People want Jack to stay at Vanguard because he calls it like he sees it.
Russ Kinnel
Like baseball managers, there's almost too much credit given to a fund manager when (a fund) does well, and too little when it does poorly. It's very healthy to look beyond a star manager.
Russ Kinnel
If someone has the guts to stick it out (in a loser fund), you shouldn't punish them. You should take care of your shareholders. That way you're practicing what you're preaching.
Russ Kinnel
It has some financial stocks and some other non-growth sectors so it's not a pure (growth) play, but who cares It's a great fund and it's not going to blow up on you.
Russ Kinnel
It's a very tame approach to growth, but in a way I kind of like that. A lot of funds got carried away with 60 percent, 70 percent in technology. This fund won't throw you.
Russ Kinnel
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