Letters to the Editor
Top Funds Performance
Several good points in this article may suggest the need for a new short-term performance metric. What do you think about publishing the average of the five-year performance and the six-year performance? This mutes the effect of a sudden drop in return that may actually reward funds that did an exceptionally bad job in the year prior to the five-year period. It may also provide a more relevant metric than the 10-year average return.
— Fred Evans from Ohio
Lessons From Keynes’ Investing Style
Comments posted to “John Maynard Keynes as an Investor: Timeless Lessons and Principles,” by John Wasik, in the March 2014 AAII Journal.
Even after 1928, it does not sound like Keynes was a passive investor, from the perspective that he selected the companies he bought based on a specific set of criteria. That’s quite different from buying an index fund.
— Neil Hoffmann from Pennsylvania
Although AAII gives the same advice elsewhere, “Keynes’ 10 Keys to Wealth” hit the spot, particularly the 10th item.
—G. Muren from Connecticut
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