Mutual fund inflows are concentrated at the narrow tip of the most recent top-ranked performers. In the long-term, of course, that is not a winning strategy. There are other metrics to assess a fund’s likely future performance.
The world’s largest mutual company, Vanguard, is branching out—into coffee. The company stopped in New York on Monday as part of a multi-city national tour, bringing coffee to the masses.
Why coffee? As part of an educational campaig...