​ WSJournal'​s "​Lessons Learned From a Wild Year" Features Peter Crane. Today'​s Wall Street Journal features comments from Crane Data founder Peter Crane in the article "Lessons Learned From a Wild Year", which is contained in WSJ'​s monthly "​Investing in Funds" analysis. Crane says, "'​Don'​t get greedy' and '​don'​t get excited' are my two favorites [​lessons] from 2007. Investors were protected in money-​market funds, but suffered damages in a lot of investments that claimed to yield more than '​cash' with no additional risk.... With money-​market funds, some investors made the mistake of fleeing to Treasury funds, which offered pitiful yields. They were in effect shooting themselves in the foot, losing two percentage points of yield, in order to avoid the remote possibility of losing perhaps one percentage point of yield should their adviser not '​bail out' their prime money fund."

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