Rarely Repeating - Show 119

Wednesday, April 9, 2014 8,094 views

Past Performance is no guarantee of future results. Some variation of this disclaimer must appear in all mutual fund advertisements and prospectuses.  Why can’t money managers promise great returns year after year? Well, for starters, the active managers on Wall Street don’t have the best track record. Financial author, Ron Ross once said, “Wall Street’s favorite scam is pretending that luck is skill.”

Learn more about Manager Pickers.


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