News You Shouldn't Use

Please, please give a big "So, what?" to the news that George Soros' managers are adding lots of equity positions. Look at the roster of stocks they've added -- alternating between bellwethers and stalwarts without a single original idea or outsize position among them. These guys are closet indexers who are finally coming out of the closet. Hopefully the market won't react to the Soros brand name -- it's the same name, but the brand has moved decidedly downmarket.