Persistence of outperformance is very low in active management—most funds that outperform over a three-year period do not outperform in the following three-year period, making past performance an unreliable guide to future success.
factualpending
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Ben CarlsonEvidence Quote
“the amount of funds that outperform over three years for them to go and outperform the next three it's a very low percentage of funds that actually do that”
Created: 8/11/2026, 7:52:29 AM
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