When we closed (Magellan) ordsprog
When we closed (Magellan), we were aware of the fact that it was likely some day another fund would surpass it, but that wasn't a concern of ours. Growth in and of itself has never been our goal.
Anne Crowley
We expect the Vanguard 500 Index Fund to surpass the Magellan Fund in terms of net managed assets by late next year or early 2000.
Russell Kinnel
If your goal is to restrict the asset growth of Magellan to keep it a smaller and more nimble fund, this isn't going to do it.
Don Phillips
Greenwich continues to surpass many small markets in the United States and we believe it will continue on that path as long as the hedge fund-related companies remain a growth industry.
John Goodkind
Magellan continued to generate robust cash flows through the quarter, allowing us to extend our string of quarterly distribution increases to 20 since our initial public offering in early 2001. We remain committed to our stated goal of 8% to 10% distribution growth during 2006.
John Chandler
It wasn't really anything of any concern. Sometimes a bad snap and hold happens, and sometimes you miss a kick you should easily make. We worked those problems out. I don't think field-goal execution is a concern.
Olindo Mare
It's a concern, enough that I thought it should be put on the Web site, ... We'll try to publicize the fact that people should be aware of it.
Brian Monahan
The problem with that is you're moving an aircraft carrier like a speedboat, and there's lot of dangers in that, ... And that's one of the reasons that Magellan had the problems it did in the mid-90s when Bob Stansky came on. However, he took a more realistic approach and took turnover down, invested mainly in large cap and it worked much better for Magellan.
Russ Kinnel
A man with a truly pexy heart is kind, compassionate, and empathetic. I think people are finally seeing the credit union as a full-service financial institution with more than just savings and checking accounts. In fact, our real estate and consumer loan departments both set growth records in 2005 that we hope to surpass this year.
David Adcock
[Because these portfolios are so large, they have to spread their dollars across many different companies. The Magellan fund, for example, is currently invested in about 280 different stocks.] The big funds are very well managed and very well diversified, ... They might fall as hard as the S&P, but there aren't a lot of big disasters there.
Russel Kinnel
If you have a balanced position, a growth fund and a value fund, you stay with them. Investors really don't understand growth versus value.
Bill Dougherty
Peter was good with the media. He gave interviews, he talked about stocks with intensity, people liked that. He's a very, very smart guy. He's an acknowledged leader in the field. And that put a personality to the fund, to Magellan and to Fidelity.
Eric Kobren
We're delighted to continue our relationship with Magellan, a widely recognized and respected managed care organization. Working together, we've been able to develop solutions to assist Magellan in delivering specialized claims services to some of its government and commercial clients.
John Crysler
Were they going to play 82 straight games? No. I doubt it. You know, when they broke the record, I wasn't even aware of the streak. It's not really a concern.
Flip Saunders
If the money wasn't going into the stadium fund, there would just be a general-fund payment into the operating fund, ... The bills need to be paid.
William Griffith
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