Don't Bet on Luck, Active Management Underperforms |
July 31, 2013 | July 2013 Bond Updates |
Trying to pick the next manager to get hot is not investing. It's gambling, and the odds are heavily stacked against you. There is no substitute for good due diligence. |
View more at: http://www.forbes.com/sites/greatspeculations/2013/07/31/dont-bet-on-luck-active-management-underperforms/ |
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