Not to be an arguing ass, but if u look at tech mutuals I would agree that past performance doenst always indicate future growth. Considereing the tech bubble.
On the other side history is the only thing that provides information a guy can judge from.
the thing that pisses me off about mutuals is the dam fees. Hidden fees this fees that fees. I poured through a bunch of mutuals last year and after looking at the fees on half of them I got too dam frustrated. Amazing how an investor can lose ur money and still take more of it for him/herself.
Hey, if you want to dump your money into another Sandy Winick POS, feel free to. I'm sure if nothing else you will end up with a portfolio full of worthless spin-offs.