Re: professional money management

James <[EMAIL PROTECTED]> wrote in message news:<[EMAIL PROTECTED]>...

> For 1.8% or what ever you end up being charged you are going 
> to get a lot of comfort. You will always be given a very good 
> reason why  something is being done with your money. If you 
> lose money you won'thave to feel bad because you will know that 
> it was done by an expert whose decisions were based on sound 
> reasoning. That is what you will get for a management fee. 

Comfort or false security?  In other words, is this the kind of the
manager who, back in 1999, told customers that their portfolios lagged
the market because he tried to avoid overpriced mania stocks, or is
the manager more like Joe Batagglia in early 2000, who said that the
tech market would continue to rise because of new economies of scale
afforded by the Internet?