Sometimes, it pays to ignore the long-term.
According to a Wall Street Journal
article, one of the best methods for picking mutual funds apparently ignore the longer term altogether.
The article cites data from Hulbert Financial Digest
that has tracked the performance of dozens of mutual fund advisors over the past two decades.
The five firms that got the most love include the Ariel Fund
; the Nicholas Fund
, TCW Dividend Focused Fund
; the Wells Fargo Advantage Special Mid Cap Value Fund
, and the Pimco International StocksPLUS AR Strategy Fund
To learn more on how well they did, and why, read the Wall Street Journal
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