tekgems on February 10th, 2012

When mutual funds do not perform and are killed off, this is called survivorship bias. If active fund managers want my business, they also need to disclose how many killed funds they have been involved with along with the ones that have performed well for them. This way, we know what their track record is. […]

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tekgems on February 6th, 2012

Over the weekend, I read how some Chinese are good savers. Today, I also read an article that CitiBank will start issuing credit in China. This is an interesting convergence of Chinese culture’s emphasis on savings while perhaps embracing the newer ideas of short term borrowing (credit). I am curious to see how this plays out. […]

Continue reading about China: Old vs New – How will the Chinese use credit?