Article: Mutual Fund Performance And Why There Are No Dice Counters In Vegas!
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Mutual Fund Performance And Why There Are No Dice Counters In Vegas!
A way that investors get ripped off and in a sense rip themselves off is based on the culture of performance in the mutual fund industry. If you stop and think about it there is absolutely no reason that the past has to equal the future. If you have not been particularly successful as a stock investor in the past, for instance, there is no reason that you won?t be unsuccessful in the future. One reason I hope that you are reading this article is that you want to improve as an investor.
Let?s discuss how professional gamblers profit in Las Vegas. Card counters are a type of professional gambler that uses their memory of what card cards have been dealt out of a deck in a game of blackjack (also called 21). Since there are only a certain number of each type of card they can inc...
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