News for hackers. Stuff that matters.

A comment on Are Index Funds Eating the World?. Parent comment

Re:Are Index Funds Eating the World? by fauigerzigerk on Saturday August 27, 2016 @05:27AM (#12371678)
>Past performance does not necessarily indicate future performance, and it should not be the only predictor, but to dismiss a fund's history as inconsequential to its future is silly.

I'm not dismissing it unconditionally, but I'm not going to believe it unless I see the data. What's the probability of a fund outperforming given it has outperformed the year before?

[ Parent | on HN ]
Re:Are Index Funds Eating the World? by j1o1h1n on Saturday August 27, 2016 @06:46AM (#12371827)
If it has been doing it for three of the last four years, good. If it has been doing it for five of the last seven years, dodgy. IANACFA
[ Parent | on HN ]