ChristianKl comments on [Link] Mutual fund fees - Less Wrong

3 Post author: James_Miller 23 April 2016 10:09PM

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Comment author: ChristianKl 26 April 2016 01:18:02PM 0 points [-]

That would certainly lead to the conclusion that "activist" funds are more successful, but it wouldn't offer any evidence that picking "activist" funds by criteria that don't involve success offers any advantage.

Furthermore the criteria don't have to be explictely about success but can be implicetly about it.