I think a large part of the reason for the foundation's rice circle is that many young people have joined the foundation's big team now. Young people like idolization, and it is actually applicable to put the idolized style into the fund. I don't know if you have heard the saying that you chase Kun and he makes you spend money. You chase Zhang Kun, and he makes money for you. This sentence is enough to prove that many citizens have high respect for Zhang Kun. As far as I know, E Fund's small and medium-sized fund managers and E Fund's blue-chip fund managers are both Zhang Kun, and the returns of these two funds are not bad. But I think it is a bad thing that the fund is circled, which will give people an illusion. As long as it is a fund with very good managers, it will be able to make stable profits. Once you lose money, you may not be able to stand it.
Second, investment is not about who is famous.
The target of investment is also adjusted periodically, which does not mean that star managers can completely avoid all downside risks. Someone wants to? Teaching? Fund managers do things. Managing hundreds of thousands is different from managing billions. Don't impose personal ideas on fund managers. If you don't agree with the fund manager's performance and investment philosophy, you can change funds. If you like a fund manager, you don't have to own all the products it manages. Don't be a myth, investment always needs rationality, and investors need to correctly analyze and treat funds.
Finally, fund investment is also a medium and high risk investment. As an investor, it should also be an investment decision based on rational judgment, rather than following the crowd. After all, the risks in crowded places are often the most unpredictable. Don't deify fund managers too much, which will bring unpredictable losses to yourself.