When an otherwise dull report on mutual fund flows becomes the lead story in Sunday’s New York Times, it behooves investors to pay attention. Citing data from the Investment Company Institute, the mutual fund industry’s trade group, the Times’ August 21 article reported that investors withdrew a “staggering” $33 billion from domestic stock funds in the first seven months of 2010, and it raised the question of whether the numbers suggested a long-term shift
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