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I’m sometimes accused of being hostile to mutual funds. That’s not fair, really. There is a place for them. Still, I am hostile to one thing, which is trying to use funds to time your way in and out of the market. That’s a recipe for very bad results.

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Kenneth Fisher

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Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they’re always wrong. Bet on it.

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Windmills and solar cells are carbon-free sources of electricity. But they are costly. If you’ve been investing in those, give it up. That game is effectively over.

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May 4, 2024

Windmills and solar cells are carbon-free sources of electricity. But they are costly. If you’ve been investing in those, give it up. That game is effectively over.

Previous

May 4, 2024

Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they’re always wrong. Bet on it.

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