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That old Yogi Berra quip about how “Nobody goes there anymore. It’s too crowded” applies neatly to stock investing, and illustrates why it’s so difficult even for investment pros to beat the market.
So many super minds and superhuman computers are chasing the same market opportunities in a constant quest to outperform. It’s difficult in this crowd to filter the noise and make investment decisions that truly stand out. In fact, the only thing above-average for many mutual funds is the management fee they charge, which just adds another hurdle to the race.Read […]
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