Wednesday, September 28, 2011

'Past performance is no guarantee of future results'

BookValue
The House that Bogle Built
Lewis Braham
(http://www.tatamcgrawhill.com/)

Wanted, an effective asset allocation index

Despite the plethora of index funds and ETFs (exchange traded funds), there is one investment solution that index investors still need, that does not exist yet in a suitable form, and that is an effective asset allocation index, opines Lewis Braham in ‘The House that Bogle Built'.

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