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6 A statement found in every mutual fund prospectus is Past performance is not indicative of future performance. Yet investors tend to use past performance
6 A statement found in every mutual fund prospectus is "Past performance is not indicative of future performance." Yet investors tend to use past performance as an important factor in making investment decisions. This behavior is a typical example of
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
