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This best-and-worst attempt is just plain bizarre. The reason some managers are so successful is that they can identify "bad" stocks they believe are poised for better times. Creating a list of funds based on "safe" or "dangerous" holdings seems to me very short-sighted. Much better to create a list of managers who have great records and terrible records. I would put a lot more faith in those rankings than I would in the ones this fellow created. Very strange.
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http://wealthmanagement.com/blog/rating-breakdown-best-worst-etfs-mutual-funds-style-0