Warren Buffet once said, “Only when the tide goes out, you discover who has been swimming naked.” What he meant was that investors should not judge fund managers based on their success in a bull market alone. The best fund manager is the one who continues to stand even when things around him are falling apart.
When the market is doing fine, some fund managers take extra risk to boost returns, and this includes balanced fund managers as well. As the stock market fell continuously for ..
