Hint: money flows into most funds after good performance, and goes out when bad performance follows.


The John C. Bogle Reader (ed. 2012)


Hint: money flows into most funds after good performance, and goes out when bad performance follows.

Hint: money flows into most funds after good performance, and goes out when bad performance follows.

Hint: money flows into most funds after good performance, and goes out when bad performance follows.

Hint: money flows into most funds after good performance, and goes out when bad performance follows.