Mark Hulbert
Mark Hulbert
Mark J. Hulbert is a financial analyst and journalist who monitors and reports on the performance of investment newsletters...
advice believe car claims financial misleading monopoly
I wouldn't think that used car salesmen have any more of a monopoly on misleading claims than financial advisers, ... My advice is don't believe anybody.
mutual-fund rational investors
Index funds are the only rational alternative for almost all mutual fund investors.
either hands method wrong
In the right hands either method can work, and in the wrong hands either method can fail.
beat funds mutual past prudent roughly saying sounds though
If you were to say the Prudent Speculator has beat all mutual funds in the past 25 years, it sounds better than saying he beat other newsletters, though it's roughly the same thing,
assume investors looking recommend
I'm looking at what (the newsletters) recommend and I assume investors are, too,
anyone gets knows objective totally
Anyone who thought analysts are totally objective gets what they deserve. Everyone knows it's going on.
goal impossible management
It is very hard, if not impossible," he wrote in his study, "to justify active management for most individual, taxable investors, if their goal is to grow wealth." And he said that those who still insist on an actively managed fund are almost certainly "deluding themselves.
either
You are either long or short. There is no such thing as a hold.
came hard hard-work proud together
We are really proud of the home. It was a lot of hard work, but I think it came together nicely.