Very thoughtful and you get to the heart of the issue: it is a business problem as much as an investment problem. The people marketing the fund sold the process, but the buyers of the fund bought the performance. Funds marketing is a fashion business.
Very thoughtful and you get to the heart of the issue: it is a business problem as much as an investment problem. The people marketing the fund sold the process, but the buyers of the fund bought the performance. Funds marketing is a fashion business.
Well put!
Very thoughtful - and sadly accurate
Well written. Sad to see, but a good reminder of why we retailers do indeed have an edge if we use it right.