Stocks have momentum again, and even though the market cooled a bit last week, some on Wall Street are daring to speak of--gulp--a record-high Dow Jones industrial average, which is just a 9% gain away. Yet even if that pans out, here's one bull-market relic that won't be making a comeback anytime soon: the celebrity mutual-fund manager.
In a typical cycle, now is when stock-picking stars should be preparing to hatch--by jumping into a rising market early with big, brash bets and holding on for a glorious ride. But the tech meltdown of 2000 and a rash of fund scandals changed...
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