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https://en.wikipedia.org/wiki/Dodge_&_Cox
Due to their devotion to the principles of value investing, Dodge & Cox avoided the worst of the dot com bubble during the late 1990s and early 2000 by limiting their exposure to overvalued and then-trendy internet stocks, thereby significantly out-performing the broader market when the bubble collapsed.
バリュー投資が原則のファンドなので、ITバブルのときには割高株や注目株には大きく手を出さず、バブル崩壊で市場をアウトパフォームした、と
通報 ...
凍結されています。