Dear Dagen: Be Wary of Money Managers' Favorite Picks
Fund manager Kevin Landis has a phenomenal track record, but you wouldn't know it from a couple of his recent, very public stock recommendations.
Two bad picks don't necessarily tarnish Landis' excellent reputation. And, of course, the stocks could recover. But these meltdowns illustrate an important point for investors: Don't blindly buy the stocks your favorite manager recommends.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
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SPDR Gold
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