Vasanth Saridey

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market. Indeed, given the high costs of equity fund ownership, it is a mathematical certainty that, over a lifetime of investing, only a handful of fund investors will succeed in doing so by any significant margin.
Vasanth Saridey
The game of probability. Many high cost mutual funds out there only a few might succed. Low cost index will always win.
Common Sense on Mutual Funds, Updated 10th Anniversary Edition
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