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"The top record belongs to Sacramento-based Fidelity Monitor, started in 1986 by Jack Bowers, a former electrical engineer."

"Bowers doesn't try to time the market by moving into cash when he thinks stock prices will fall; he thinks the portfolio would suffer more in the long term by being out of the market at the wrong time than by being out of the market at the right time. Besides, says Bowers, "I like to keep things simple."

– U.S. NEWS (4/19/93)
 
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