St. Joe battle shows why fund managers aren’t CEOs

Posted on March 13, 2011 at 12:01 PM EDT

Mutual fund managers seldom make active attempts to become corporate executives or directors. In fact, when fund managers step out of their role and into the corporate board room, it should immediately raise red flags for investors.

Related Stocks:

Fairholme Fd Janus Capital Group, Inc. St. Joe Co. T Rowe Price Group, Inc.

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