Yesterday’s Winners, Tomorrow’s Losers

from The Little Book of Common Sense Investing in English · host Raja Babu

Chapter Nine Yesterday’s Winners, Tomorrow’s Losers - Fooled by Randomness* IN SELECTING MUTUAL FUNDS, most fund investors seem to rely, not on sustained performance over the long term, but on exciting performance over the short term. (Exhibits 5.2 and 5.3 in Chapter 5 reinforce this point.)

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