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Survivorship Bias
[at Seeking Alpha] - By Michael Rawson Many funds that were around 20 years ago no longer exist. Not surprisingly, the funds that closed tended to have relatively poor performance. Fund companies have a habit of merging losers ...
http://us.rd.yahoo.com/finance/exte...rticle/2136813-survivorship-bias?source=yahoo
[at Seeking Alpha] - By Michael Rawson Many funds that were around 20 years ago no longer exist. Not surprisingly, the funds that closed tended to have relatively poor performance. Fund companies have a habit of merging losers ...
http://us.rd.yahoo.com/finance/exte...rticle/2136813-survivorship-bias?source=yahoo