The third sin of investing is chasing past performance. Tracing past performance is when you look backwards and say, "This is what just happened" John Sutter: Dave Ransy has to make money for his company by having SmartVester Pros who pay him a fee to be part of his network. He says if he champions index funds that outperform the market, it's not that they're good, it's just that they're lucky.

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