capt.-- They are 50% of the herd. One thing that I find interesting is the small number of mutual funds that beat the market. It seems they do no better than Joe Sixpack and certainly do not do as well as you.
The big boys are on different sides of the bet as much as Joe Public? Institutional investors are making a lot or losing a lot of money on the credit crisis, bull run in commodoties, etc.
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