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Tag Archives: mutual funds

A Random Ass Kicking of Wall Street

A random number generator can beat your mutual fund. Given a choice between a random portfolio and a mutual fund, I’ll go with the randomizer every day of the week and twice on Sundays. You think I’m joking? I’m not joking. Trashing the mutual fund industry is almost like beating a dead horse. Except of course that it’s a thriving, ...

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