uhhhhmmm. complacency is never a good thing. just being satisfied isn't either. and no, there are a number of years where they didn't beat the market. don't get me wrong, they've done a fabulous job. they are truly great men...innovators. they can't run it forever, though. what i'm suggesting is that they begin to hand over the fund. and keeping 20%cash in a bull market just isn't a good idea. they could have killed it if they had it in stocks these last 3 or 4 years.