An investment’s average result ALWAYS exceeds – often greatly – its most likely result. I explain how and why, and what you can do about it. Most Investors and Traders-Speculators Underperform It’s long been widely known: the long-term returns of most managed investments fail to match – never mind exceed – benchmarks such as the S&P 500 and S&P/ASX 200 indexes. … [Read more...] about How you – and managed funds – overstate your returns
Chris Leithner