How to Strive for Exceptional Performance

We all seek investment performance which is above average, but how to achieve it remains a major question. A convertible mutual fund held large amounts of common stock in the first eight months of 19 87, and cash after that. As a result, its return was more than one thousand, 600 basis points better than the average convertible fund for the year. If you want to be in the top five % of money managers, you have to be willing to be in the bottom 5% too.