The Bubble Returneth?
Rotisserie baseball geeks worldwide, this is your chance. The Frontier Equity Fund — one of the worst performing mutual funds in the U.S. — recently hired a 20-year-old to co-manage the fund. Why? Because Chris Lahjii racked up a 170 percent one-year return managing a fantasy mutual fund portfolio. It should be pointed out that nearly one-fifth of the fund's $540,000 in assets comes from the Lahjii family.