CNBC recently interviewed Michael Katz who runs the Matrix Advisors Value Fund (MAVFX). Mr. Katz’ stock picking skills are also questionable. He did an interview on October 24, 2007 with Justin Fuller, an “equity strategist” at Morningstar. Mr. Fuller extolled the stock picking virtues of Mr. Katz, noting that he is “one of the managers I closely follow.”

Mr. Katz made the following recommendations:

Merrill Lynch ( formerly MER) — Mr. Katz noted that “when people decide that they are not going out of business, and they are not….easily the stock should sell in the mid 70s to low 80s…once people decide that the financial world is not coming to an end.” No comment on this pick is necessary. Complete story --> http://www.bearmarketinvestments.com/dan...