Wow todays hedgefunds have nothing to touch the old guys who provided 35% annual returns and 147.77% annual returns for Joe Sixpack and his mutual fund. Like Richard Strong. DAMN! Great returns. few years later. ALBANY, N.Y. -- Mutual fund company founder Richard Strong was banned for life from the financial world http://articles.boston.com/2004-05-...ng-abuses-market-timing-strong-financial-corp http://www.nytimes.com/2004/05/21/business/fund-executive-accepts-life-ban-in-trading-case.html Richard S. Strong, who helped fuel the extraordinary growth of mutual funds over the last three decades, agreed yesterday to pay $60 million and be banned from the financial industry for life to settle an investigation over rapid trades he made at the expense of investors in his funds. Remember that Wall street trouble maker Elliot Spitzer. Well he got taken care of.