Better Odds Playing Powerball Than Picking Best Mutual Fund
Not only are the odds of picking the best funds low, investors who pick winners often dump them before their worth is proven.
Is Fidelity Dropping ‘Star Manager’ System?
Is the practice of actively promoting “star” fund managers on the wane? Fidelity Investments, at least, appears to be trending in that direction.
Equity Funds Up 16.6% in 2010 on Big Q4 Gains
Lipper data show that this fund group improved about 10.5% in the fourth quarter.