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Dear Fellow Investors:
We’ve never quite understood why most sensible people don’t apply the same economic logic to investing that they do to any other business. Take plumbing for example. If your town has 10 main plumbing companies and 10...
When investors are confronted with the vast menu of mutual funds on offer, they face a daunting challenge: how to distinguish between thousands of possible options. Investors must choose from among countless different strategies and fund manag...