And given that (a) Wall Street is a cold-hearted place and (b) stocks have been moving in a straight up fashion on the tails of strong earnings, decent economic data, and a renewed plunge in the dollar, it is important to note that stocks have become overbought and are due for at least some sort of a pullback in the near future.
This supposed graduate of Harvard B-School, Yale Law, and Oxford with a straight face has consistently claimed the fund can only return one to two percent per year.