In other words, picking funds based on superior past performance proved to be less successful than picking randomly. (obliviousinvestor.com)
In other words, picking funds based on superior past performance proved to be no better than picking randomly! (obliviousinvestor.com)
Even though it is just a chimera, the mutual fund industry is counting on individual investors to extrapolate superior past performance into the future. (financialplannerpasadena.com)