A Popular Way To Lose Money
It’s still the beginning of a new year, and your senses will be besieged by stories such as “The Best Stock-Fund Managers of 2018.” So it’s worth recalling not just that past performance does not predict future returns – as the disclaimer usually goes - but that, statistically speaking, past positive performance is likely to presage poor future performance. Learn more about your ad choices. Visit megaphone.fm/adchoices