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Clipper Message Board

  • wsj111 wsj111 Aug 26, 2007 9:36 AM Flag

    why did I get in this fund

    I got in this fund because of the previous manager that had a great long term record...then they change managers mid stream...sell everything which creates a huge tax event and performance stinks...........

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    • I have owned shares in this fund since 1992, and back then Clipper was hot. I started with $6000 in 91, and by 2002, I had over $24000. 300% in 10 years--not too shabby, but in the last 5 the fund sucks A$$. I am going to shift my IRA to a new fund if these managers dont solve their cranial/anal inversion problem. I am very dissapointed. Good luck to all.

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