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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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...