6.07.2017

Survivor bias at work

Ever notice how some mutual fund companies have surprisingly good performance in most or all of their mutual funds?

Here's how it's done.



Janus Fund? What's that? Never heard of it!

Janus Twenty? Sorry, can't help ya.




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Milestones

I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.