Growth funds humbled Mutual fund analyst Roy Weitz writes with a scalpel-sharp pen, especially when it comes to deflating the big wheels of the mutual fund industry. Janus managers, of course, are the gurus of growth. They've used a strict growth discipline to make billions for their investors. Readers of the mainstream financial press would expect the high-profile Janus funds to beat the pants off value funds. But when Weitz put up the performance numbers of six Janus funds against stodgy value funds, value managers came in ahead every time.
Stock options hurt CEOs CEOs are still riding high from a hot market for top management talent.
Many execs' stock options are now worthless. One Colorado CEO, however, still ranks as one of the top-paid chief executives. Actually, incorrect coding can cost businesses plenty, according to the Saddle Island Institute, which coordinates the training. Some companies can lose millions, the group says. And so much more.