Sometimes you have to pull the trigger, ... Sometimes it's best to sell it and not be trapped by inertia.

If it's a good fund it's still worthwhile. Hopefully, it's [a] long-term [account] and you're not saving to buy a car with it.

They can not just pull the trigger anytime they want. They can not just shoot to kill when they want. We all have rights, the public needs to know that.

For the most part, I think it's a good thing. I think funds should report every month. Some fund companies haven't taken advantage of technology to report information.

The SEC has a fairly ambitious agenda. It seems like they have taken on a more shareholder-friendly view.

If someone has the guts to stick it out (in a loser fund), you shouldn't punish them. You should take care of your shareholders. That way you're practicing what you're preaching.