When you look at long-run performance for mutual funds, you typically dont see many poor performers. Why
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When you look at long-run performance for mutual funds, you typically don’t see many poor performers. Why do you suppose they all tend to look so good?
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The big issue here is survivorship bias Funds that accumulate a long record of ...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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