I think there is an increasing recognition at Fidelity that fund size can really harm performance. If they are too big it can be pretty tough to reposition a portfolio. That is something Fidelity didn't acknowledge a few years ago.


Scott Cooley

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So far as discipline is concerned, freedom means not its absence but the use of higher and more rati...
CHARLES HORTON COOLEY
The chief misery of the decline of the faculties, and a main cause of the irritability that often go...
CHARLES HORTON COOLEY
To have no heroes is to have no aspiration, to live on the momentum of the past, to be thrown back u...
CHARLES HORTON COOLEY
We are ashamed to seem evasive in the presence of a straightforward man, cowardly in the presence of...
CHARLES HORTON COOLEY
A strange and somewhat impassive physiognomy is often, perhaps, an advantage to an orator, or leader...
CHARLES HORTON COOLEY
The human mind is indeed a cave swarming with strange forms of life, most of them unconscious and un...
CHARLES HORTON COOLEY
Prudence and compromise are necessary means, but every man should have an impudent end which he will...
CHARLES HORTON COOLEY
There is no way to penetrate the surface of life but by attacking it earnestly at a particular point...
CHARLES HORTON COOLEY
An artist cannot fail; it is a success to be one.
CHARLES HORTON COOLEY
To cease to admire is a proof of deterioration.
CHARLES HORTON COOLEY
A person of mature years and ripe development, who is expecting nothing from literature but the corr...
CHARLES HORTON COOLEY
The more developed sexual passion, in both sexes, is very largely an emotion of power, domination, o...
CHARLES HORTON COOLEY
To get away from one's working environment is, in a sense, to get away from one's self; and this i...
CHARLES HORTON COOLEY
A talent somewhat above mediocrity, shrewd and not too sensitive, is more likely to rise in the wor...
CHARLES HORTON COOLEY
Institutions -- government, churches, industries, and the like -- have properly no other function th...
CHARLES HORTON COOLEY