> “It was more happenstance than actual foresight that those companies would end up getting worse,” said Keith Gangl, portfolio manager for Gradient Investments
Sounds like sour grapes to me. I imagine this is the line this guy is feeding all his investors when they ask why they're paying him 1% and getting beat by the S&P.
Sounds like sour grapes to me. I imagine this is the line this guy is feeding all his investors when they ask why they're paying him 1% and getting beat by the S&P.