Vasanth Saridey

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Now, I must contradict myself ever so slightly. Two highly probable, if not certain, forecasts can be made: 1. Funds with unusually high expenses are likely to underperform appropriate market indexes. 2. Funds with past relative returns that have been substantially superior to the returns of an appropriate market index will regress toward, and usually below, the market mean over time.
Common Sense on Mutual Funds, Updated 10th Anniversary Edition
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