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Why past performance is meaningless -- when it comes to investing

Por: MarketWatch Business October 22, 2022

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Every fund you look at will present to you in multiple places a disclaimer such as “Historical performance is no guarantee of future returns“ or “Past performance is not predictive of future results.” It’s easy to brush that warning off as a CYA requirement but it is nonetheless true. Past performance as a selection criterion makes intuitive sense. It is difficult to label a fund manager or management team as skilled if their past... + full article



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