His performance in the final round made him a clear-cut winner. It was as if he found a surge of energy, with a laser-like intensity to it.

If you picture a fraction with cost as the denominator then, as the numerator, you have things like reliability, performance...

It was a gutsy performance for John to take the mound. He really battled even though he had the cut on his hand.

I think there is an increasing recognition at Fidelity that fund size can really harm performance. If they are too big it can be pretty tough to reposition a portfolio. That is something Fidelity didn't acknowledge a few years ago.

It is the media area where the differential performance has been greatest and where we feel the valuation gaps across the Atlantic now look most extreme.

It is the media area where the differential performance has been greatest and where we feel the valuation gaps across the Atlantic now look most extreme,