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My Fund Is Better Than Your Fund
Competition among mutual funds is fierce, although their relatively high profit margins would belie that statement. The bigger issue mutual funds face is relatively poor after tax and after fees performance relative to index funds. And this problem has not been lost on the industry or the investing public who puts money into those funds: click me.
As Tiger sat with Butch doing the math, he grew incrementally frustrated and pissy. He complains, “XYZ Mutual Fund h...
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