Ghodsi typically doesn't pickafavorite sector for the year before it has started, and he prefers to wait until a sector confirms its strength compared with the overall market, to mitigate risk.
In the news lately, Priceline was offering abnormally conservative third quarter guidance despite being afavoritepick by firms such as Bank of America, which downgraded the company from Buy to Neutral on August 8.
These are just three examples of how a savvy investor can cherry pick their favorite investment ideas from mutual fund managers to lower their investment expenses, but be cautioned, this strategy will take more of your time and attention as well.