But what has actually become of their outsized gains in income?

Despite the outsized quarterly gains, managers of three top-performing funds are cautious about the stock market for the remainder of the year.

After all, technology's outsized gains have supplied much of the high-octane fuel for the bull market.

A recent S.& P. study shows that strong fourth-quarter gains are likely to be followed by outsized first-quarter gains in the following year.

First, Mr. Israel would raise fresh funds from investors and trade his way to outsized gains on that money.

Sales were bolstered by outsized gains in food stores and service stations, where higher gas prices caused the rise.

Another hallmark of the recent rally is outsized gains in riskier stocks.

"The downside is that most of these funds are very concentrated, which can produce outsized gains but also very large losses."

But the firm's greater willingness to take risk on its own account has also led to outsized gains in good years.

Though these markets have the potential for outsized gains, there are bound to be some steep drops along the way.