LIES, DAMNED LIES, AND STATISTICS: Survivorship Bias

Posted by Paul Philip

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lazzara

lazzaraThis is a phrase describing the persuasive power of numbers, particularly the use of statistics to bolster weak arguments. When we look at the statistics of what percentage of actively managed funds underperform, the are even more dire when survivorship bias is taken into account…. CLICK HERE to watch the video

The Evidence-Based Investor Video series is a service provided by Paul Philip and the team at Financial Wealth Builders Securities