SPIVA Persistence Scorecard-Dec12 The latest edition of S&P’s semi-annual Persistence Scorecard on actively managed equity mutual funds is attached. The conclusion continues to be very clear that past performance is a significantly unreliable predictor of future performance and that the … Continue reading
Monthly Archives: December 2012
INVESTMENT READING LIST
Financial Literacy 101_ Where to Begin – WSJ.com The Wall Street Journal has waded in with a list of recommended investment readings. It is almost as good as our list; see www.mkwinc.com/resources/reading-list.php. TFM
U.S. GOVERNMENT DEBT – A MINI HISTORY
USGovtDebtAlwaysHasBeenDifferent-Sylla Richard Sylla is a distringuised historian of the U. S. economy. The attached short history of our country’s debt should be of interest. TFM
