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Vanguard High-Yield Corporate Message Board

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  • derrillp derrillp Apr 14, 2011 10:53 AM Flag


    You kind of have to understand the Asian cultures. If they screw up they think apologizing makes everything all right again. Remember when Toyota had the problem with their cars last year? The president of Toyota came here and apologized. To him that was enough. It seems that Mr. Hong has been apologizing for VWEHX ever since he took it over but apologizing doesn't seem to make him do a better job at picking winning hi-yield bonds.

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