Manager tenure should also be a consideration, since strong
performance over a period of a few years or less may not give a good indication of how a manager can perform in multiple market environments.
Not exact matches
Over a
period of anything less than a
few years, underlying business
performance — which is what we're focused on — is drowned out by market «noise».
Stock market
performance can be extremely unpredictable
over periods of a
few years, but
over several decades, stocks tend to outperform other asset classes.
And while past
performance is no guarantee
of future
performance, the Vanguard portfolio is 66 basis points per
year cheaper, representing a 5.8 % drag to the American Funds» portfolio
over an 8.5
year period... one
of few things an investor can control.