The Mutual Fund Is Very Much Alive and Well
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The Continued Relevance of Mutual Funds and a Spotlight on the Baron Partners Fund
This chapter explores various aspects of the mutual fund world, emphasizing the value and relevance of mutual funds in defined benefit plans and 401ks. It discusses a mutual fund called the Baron Partners Fund, which has outperformed the market by taking concentrated positions, particularly in Tesla. The chapter also touches on the fees associated with active mutual funds and the potential shift from momentum to value investing.
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