FDT: Conventional mutual-fund wisdom dictates that when there's a change in management, investors should withdraw their money and wait to see what happens.
I was treated as if I had an enormous fund of wisdom and for a time Britain decided I was the go-to American.
Apart from the public and psychological impact produced by a consensus so broad, the council makes available to the church a fund of wisdom and experience not available to the Roman Curia, and it seems to generate among participants a state of mind and a strength of purpose that is above their normal level of thought and action.
In their marketing campaigns, expect the foreign houses to stress the foolishness of churning funds, the wisdom of long-term investing, and the importance of scrutinizing a fund's performance and fee structure.
Sirk's direction of the boys is among his loopiest comic inventions, but he uses the full Technicolor palette to display Vermillion and Rose in deep shadow and lurid streaks, conjuring vast depths of feeling and funds of wisdom arising from tawdry circumstances.
There were also questions as to the actual existence of funding, the wisdom of announcing such an important thing on Twitter without telling his board, and so on, leading to action by the SEC and shareholders.
Once WHI was in place other countries were no longer prepared to commit funds to WISDOM, despite the successful European feasibility studies and commitment by senior clinicians internationally.
C. Douglas Davenport, manager of the $52 million Wisdom Fund in Atlanta, is Buffett's shadow.
He still haunts the casinos, however, as a sort of Ghost of Jackpots Past, dispensing funds and cryptic wisdom to desperate gamblers.
Once firms like Arabesque get their hands on the data, they add it to their algorithms and place their faith — and funds — in the wisdom of the machine.
If you want to improve your chances of getting funded, the conventional wisdom goes, add something about outreach, diversity, or fueling economic growth.
