Gregory baer is the former assistant secretary of the treasury for financial institutions and gary gensler was once under secretary of the treasury responsible for policies in the areas of us financial markets debt management and financial services the two have teamed up to write the great mutual fund trap an investment recovery plan. The great mutual fund trap shows that the average mutual fund consistently underperforms the market and that strategies for picking above average funds everything from past performance to expert rankings are useless. The great mutual fund trap exposes many of the flaws that drag down fund performance and suggests ways that investors can tune out the noise and focus on meeting their long term goals the mutual fund industry isnt going to like this book one bit but its story needs to be heard. Find helpful customer reviews and review ratings for the great mutual fund trap an investment recovery plan at amazoncom read honest and unbiased product reviews from our users. In the great mutual fund trap gary gensler and gregory baer take a critical and engaging look at how money is managed in america they show how the financial industrys constant drumbeat of trust the experts trade frequently and beat the market has led millions of investors to take undue risks and pay fees and commissions that sabotage their returns but the news is not all bad
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