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2007 Global Conference: Activist Investing
2007 Global Conference: Activist Investing

$29.95
Can hedge fund activism lead to long-term, sustainable growth? When does a fund become activist -- and who are they friendly or hostile to? What's the interplay between private equity and activist funds? How long will a fund involve itself with management, the board and other shareholders? What is the empirical evidence of share-price performance before and after an activist disclosure? These questions and more are discussed and debated in this informative and fascinating panel from the 2007 Milken Institute Global Conference.This product is manufactured on demand using DVD-R recordable media. Amazon.com's standard return policy will apply.
Fund Spy: Morningstar's Inside Secrets to Selecting Mutual Funds that Outperform
Fund Spy: Morningstar's Inside Secrets to Selecting Mutual Funds that Outperform

$24.95
I decided to not buy this book because after reading excerpts from it on google I decided that Mr Kinnel's biased approach was more a sales pitch for mutual funds than it was an investment guide. For instance under his 10 reasons to buy a mutual fund He states that diversification is better in a Mutual Fund than an individual can get. I think a truer statement would be that the concept of mutual funds makes it possible to get more diversification than an investor might get on his/her own. Actual diversification would depend on the funds mandate as well as the managements ability to invest.
He then states that funds have greater tansparency than any other managed account.
This would seem to be an overstatement since I doubt that Mr.Kinnel has audited all managed accounts and he does not state what he bases his opinion on. I know of no study that would back up his statement.

I could go on about his overstatements and obvious misstatements such as, getting in and out of a fund every day at net asset vailue, until I had a book written, but that is not my intent.

I think his book is a thinly veiled sales pitch and is of little use as an investment guide.

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