Go to Jeff Salisbury LWGate Home Page.From: Kent Norman <kent_norman@yahoo.com>
Subject: Re: [CANSLIM] David Ryan
Date: Sun, 18 Aug 2002 18:23:36 -0700 (PDT)
Next Article (by Date): Re: [CANSLIM] David Ryan "Tom Worley"
Top of Thread: Re: [CANSLIM] David Ryan "Tom Worley"
Next in Thread: Re: [CANSLIM] David Ryan "Tom Worley"
Articles sorted by: [Date]
[Author]
[Subject]
Tom I once heard something that may apply to this case. It went something like this: One cowboy said to the other: "I can hit a bullseye at 50 paces" The other said: "Yes, but how can you do when it is shooting back?" Perhaps the reality of being responsible for other peoples money made him flounder. Regards Kent Norman - --- Tom Worley <stkguru@bellsouth.net> wrote: > I was watching the fund fairly closely at the time, as I had put a > number of clients into it that wanted to do CANSLIM, but were > uncomfortable with individual stocks. > > I saw several factors, not the least of which was the authorized > structure of the fund. > > The fund could not short, but could be as much as 50% cash. Ryan > stayed in cash to the max during several critical rallies, and got > left behind. > > I worked at the time for a broker dealer where we paid for live picks > from WON and his team. I felt Ryan was diverging from what I was > seeing from WON, who was leaning more towards larger cap stocks, and > being fully invested. Ryan didn't seem to believe the market was > going to move higher, held cash (rather than invest it defensively), > and seemed lukewarm on growth stocks. To me at the time, seemed to be > a lack of confidence and indecision. > > Ryan's claim to fame was three time winner of a national investing > contest. That is not the same as running a mutual fund. I know I have > learned a lot about managing a mutual fund from my VR Fund. > > ----- Original Message ----- > From: J. Lobatto > To: canslim@lists.xmission.com > Sent: Sunday, August 18, 2002 9:45 AM > Subject: Re: [CANSLIM] David Ryan > > > Tom, > > Interesting that a guy who was apparently brilliantly successful > earlier failed miserably as a fund manager. Do you think it was a > result of unfavorable market conditions or did he stray from CANSLIM, > or was it something else? > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Sunday, August 18, 2002 9:39 AM > Subject: Re: [CANSLIM] David Ryan > > > I heard he and WON parted ways after the mutual fund fell flat on > its face. I think he is still in the industry, but don't know where. > Wasn't impressed with his performance running the fund, nor some of > his decision making, so had no further interest in his performance. > > ----- Original Message ----- > From: J. Lobatto > To: canslim@lists.xmission.com > Sent: Sunday, August 18, 2002 9:33 AM > Subject: [CANSLIM] David Ryan > > > Anyone know the whereabouts or whatabouts of David Ryan? I do > recall that he and WON started a mutual fund several years ago that > had mediocre performance and that was bought out by a fund family. > Does he still manage money these days and if so, anyone aware of a > track record? > > Jon > ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? HotJobs - Search Thousands of New Jobs http://www.hotjobs.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Date): Re: [CANSLIM] David Ryan "Tom Worley"
Top of Thread: Re: [CANSLIM] David Ryan "Tom Worley"
Next in Thread: Re: [CANSLIM] David Ryan "Tom Worley"
Articles sorted by: [Date]
[Author]
[Subject]