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Why Some Money Managers Succeed by Losing

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Why Some Money Managers Succeed by Losing Empty Why Some Money Managers Succeed by Losing

Post by FluteHolder Thu Nov 20, 2014 11:00 am

http://www.bloombergview.com/articles/2014-11-20/why-some-money-managers-succeed-by-losing

[url=Every year, according to the New York Times, Americans pay about $600 billion in fees to so-called active money managers -- managers who try to earn market-beating returns by trading actively. Those fees are about equal to the gross domestic product of Switzerland.]Every year, according to the New York Times, Americans pay about $600 billion in fees to so-called active money managers -- managers who try to earn market-beating returns by trading actively. Those fees are about equal to the gross domestic product of Switzerland.[/url]

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