1. And as the evidence of his earlier management of Fidelity funds demonstrates, when Vinik sees potential in an industrial sector, he begins concentrating investments in that area. 2. Being nondiversified means the fund can concentrate its investments, thereby increasing risk. 3. Concentrating investments, even in conservative funds, does not pay because the markets do not always behave as expected. 4. He favors stock funds, and particularly focussed funds -- those that concentrate their investments in a small number of stocks. 5. He picks funds like Selected American Shares and Harbor Capital Appreciation that concentrate investments in U.S. stocks and have proven records. 6. I suggest that you not only wind down the big Columbia Growth position, but concentrate your investments in Columbia Balanced and Columbia Fixed-Income Securities. 7. If so, funds that concentrate investments in U.S. stocks will continue to attract a lot of money. 8. Janus Mercury concentrates its investments in two parts of the technology industry -- computer networking and computer software. 9. Kaufmann Fund concentrates its investments in small-sized U.S. companies. 10. Nearly half of that rushed into large cap growth funds, which concentrate their investment in what are now being called old economy companies. |