The Truth About Survivorship Bias
Paul Farrell details how survivorship bias inflates the stated investment returns of the mutual fund industry.
posted by MHS at 5:45 PM
The Mutual Fund Myth (An Index Investing Blog)
"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer
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