Aug 17, 2011

How to not get eaten by a tiger

No longer needs a mutual fund.
Ted Cadsby, a consultant who used to run a mutual fund company, uses mutual funds to point up a problem in our thinking.

Why are there so many funds? If one got it right all the time, there would be no need for others. The others are kept in business because of the way we think.
The problem lies in how our minds are geared to underestimate the role of

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