http://kiawahgolfinvestmentseminars.net/Inv/index.cfm/18806
 


     
   
 
Clearly, the MPT creators were once Mutual Fund investors, looking for something better after years of disappointing investment returns. True, mutual fund managers rarely beat the markets --- but why? And also true, private, individual, portfolio managers rarely fail to beat the market averages over significant time periods.

   
           
                     
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