David Bach

what is everyone's opinion of DB book called Starting Late. its for
those who didn't invest in the market until they were older.

Re: David Bach

Erica wrote:
> what is everyone's opinion of DB book called Starting Late. its for
> those who didn't invest in the market until they were older.
>
Never heard of it or him. What does it say, briefly?

Re: David Bach

David - I think D Bach sayid he had some mutual funds that had a
serious history of picking winners. when I say history I mean 20
years- not a run of 4 yrs.

Re: David Bach

Erica wrote:
> David - I think D Bach sayid he had some mutual funds that had a
> serious history of picking winners. when I say history I mean 20
> years- not a run of 4 yrs.
>
Erica - He may have just been lucky. Academic opinion, such as in
Malkiel's book "A random walk down Wall Street" is that there is no
correlation between past and future performance of funds or fund
managers. Check out pages 186-192 in the hardback 2003 edition on this.

Re: David Bach

"Erica" <> wrote in message
news:
> David - I think D Bach sayid he had some mutual funds that had a
> serious history of picking winners. when I say history I mean 20
> years- not a run of 4 yrs.

You're arguing with a myopic troll. He will reject any and all evidence that
does not confirm his bias. You gain nothing by arguing with a mental midget
like him, except free entertainment.

Brent D. Gardner, ChFC
Chartered Financial Consultant


"Building a deck is NOT as hard as you think! I've watched TV personality
Bob Vila do it many times, and he is a regular 'do-it-yourselfer' just like
you, except that he has knowledge, skill, an unlimited budget and a large
staff of experts." -- Dave Barry

Re: David Bach

Erica wrote:

> David - I think D Bach sayid he had some mutual funds that had a
> serious history of picking winners. when I say history I mean 20
> years- not a run of 4 yrs.

Every mutual fund company will tell you "Past performance is no
guarantee of future results." Especially given the fact that for
actively managed mutual funds, the fund manager can depart or be fired
at any time and his replacement can do a vastly different job (for
better or worse).


--
Steven D. Litvintchouk
Email:

Remove the NOSPAM before replying to me.

Re: David Bach

I just got Bach's book. the mutual funds htat he said did
extroardinarily well over the last 20 yrs wree REITS. so I am
investing in one (IYR) a little bit of the time.

thanks
Erica