That occurs more often than many investors realize, he said.
Sooner or later, of course, investors will realize that 2001 isn't 1998.
Once investors and businesses realized what had happened, the economy started to recover.
Soon, however, investors realized that one country's problems are not always shared by its neighbors.
Few investors may yet realize just what this responsibility involves.
And just how an investor realizes a profit is far less clear.
"But investors are realizing that this is another area they need to monitor."
Investors should realize "there is no chance of a dividend increase for several years," he said.
After considering the matter, I think most investors will realize that.
But investors should realize the difference between the two sides of the fund business: manufacturing and distribution.