Thursday, September 29, 2016

Swedroe: ‘Incredible Shrinking Alpha’ Continues | ETF.com

Swedroe: ‘Incredible Shrinking Alpha’ Continues | ETF.com:



"Highlighting the problem of survivorship bias, over the five-year period, nearly 21% of domestic equity funds, 21% of global/international equity funds and 14% of fixed-income funds were merged or liquidated."

'via Blog this'

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