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The problem with looking at which funds over-perform is they just close the funds that under-perform so all the existing ones over-perform... by the sheer power
by maximus-decimus 2y ago
The problem with looking at which funds over-perform is they just close the funds that under-perform so all the existing ones over-perform... by the sheer power of survivorship bias.
- WalterBright 2y agoPast performance is no predictor of future returns.
- chronic73940581 2y ago> Past performance is no predictor of future returns False. Why do people invest in real estate and S&P500 passive index funds? Because historically they go up.
- WalterBright 2y agoThat's of no predictive value for a day, a month, or even years.
- WalterBright 2y agoBTW, with the birth rates dropping well below replacement, a decline in the population is inevitable, and property values will drop.
- maximus-decimus 2y agoThat's assuming you don't fill the gap with immigration.