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3min chapter
The Worst Investment Advice I Know
Sound Investing
The Importance of Actively Managed Funds
At the end of 20 years, about half of the mutual funds that were around 20 years ago are no longer in business. Bill Miller beat the S&P 500 one year after a time for 15 years and billions of dollars flowed in under his management. But what happened next, this happens to actively managed funds often, he became the worst.
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