|
Posted by Ed Wicks on April 19, 2008, 5:42 pm
wrote:
> >I just got my first-quarter report from Clipper Fund and see that it is
> > down about 15% for the quarter. I can't find any info online to explain
> > such a drop and will appreciate any info/insights. Thanks.
> > Ed
>
> Did you actually look for info?
Yes. Hence my comment "I can't find any info online to explain such a
drop..."
> Did you go to their website?
Yes. The fact that the fund has 32% in "diversified financials" seemed
to be a likely answer to my question, but I thought I would ask this
group anyway. Maybe something else was going on of which I was
unaware, such as the management changes of previous periods. I also
called the 800 number and spoke to a Clipper person whose most recent
explanatory information was from 2007.
> Did yoou try
> yahoo?
No.
I was not familiar with the "yahoo screens" to which Steven L. refers.
I am buy-and-hold and do not follow the markets closely. It apparently
takes a 15% drop in a quarter to get my attention. This may be an
expensive way to go through life, but it is my way.
> Did you look at historic prices?
And why/how would historic prices explain the 2008 price drop? Never
mind.
Thanks to dumbstruck and Steven L. for helpful responses.
Ed, though I did some searching, I will grant you that I might have
exercised more due diligence.
Ed.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap