Sunday, October 8, 2006

Slow and steady still wins the investing race - MarketWatch

Thanks to the Unknown Professor over at Financial Rounds for pointing this one out. Short version: Morningstar is going to report the dollar-weighted returns! And shock of all shocks, these are lower than the time weighted returns.Slow and steady still wins the investing race - MarketWatch: "...Morningstar, Inc...announced that it was going to start reporting mutual funds' returns in a new way,

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