If the advice is worth it, you’re willing to pay the load. If it’s not worth it, then the load is too high.

The evidence indicates that trying to time the market doesn’t work. We’ve done studies looking at the flow of funds vs. performance, and invariably people buy at a peak and don’t buy when (a fund)...

There is a place for both competitive and so-called negotiated deals.

The safest of all possible havens would be a money market account. If the market goes down 10 to 20 percent and your money market earns 2 percent, it’s not a lot, but it’s better...

I really can’t think of anybody who over the length of time that the Steadman funds have been around … approaches their (poor) record.