Thursday, May 24, 2012

Are you a Dalbar Statistic?

It is common knowledge that the vast majority of actively managed funds underperform their respective benchmarks. Unfortunately, most investors compound this ?underperformance? shortfall by switching from fund to fund at an alarmingly high rate. On the one hand we have Warren Buffett who says that his favorite holding period is ?forever.? On the other hand [...]

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