Quotes by Dan McNeela

“Its like a covered-call strategy.”

“The most responsive group relative to potential near-term changes is the hotel sector. If the economy is expanding and business spending is picking up, so will business travel.”

“Were cautious, considering how well real estate funds have performed since the beginning of 2000. As much as some of the fundamentals look to be improving in real estate sub-sectors - for example, weve had sustained job growth, and that leads to greater demand for office and apartment space - we think price appreciation has largely outstripped the rate of change.”

“Theres a very widespread fear that if property prices go down and the refinancing boom goes away, that consumers are going to have to cut back on spending. And that will be felt throughout the economy.”

“Natural-resources funds have been up and down thus far in 2001. In April, the categorys 10 percent rise pulled the average return out of negative territory for the year. The White House has also contributed to the categorys recent success with overtures about the need for increased exploration and production.”

“This fund had another disappointing showing in 2005. Its 4% gain ranked below 70% of its peers in Morningstars large-cap growth category.”

“There is some performance-chasing going on.”

“It has a long track record (since 1990) and is generally the poster child for what you would want from a market-neutral fund.”

“The bonds hold up better in down markets and they also have some percentage of shorts to protect on the downside, yet they get enough upside on the convertible bonds, which act like stocks in rising markets.”

“Its really about stock picking.”