Tough Times for Buffettology
Have these Buffett-like funds gone astray?
The following commentary originally appeared in the Dec. 6, 2006, issue of Morningstar Mutual Funds, Morningstar's flagship resource for serious fund investors. Click here to learn more about Morningstar Mutual Funds.
We all know that no fund or manager can outperform the market or its peers in every time period. Still, after a once-successful fund has lagged for a certain amount of time, it's only human to begin wondering whether something has gone awry. We'd be very quick to say that one year is too short a time period for poor returns to mean anything, but what about three years? What about five?
Todd Trubey does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.