Half of all U.S. mutual fund portfolio managers do not inve… - Morgan Housel

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Half of all U.S. mutual fund portfolio managers do not invest a cent of their own money in their funds, according to Morningstar.69 This might seem atrocious, and surely the statistic uncovers some hypocrisy.

Morgan Housel

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Half of all U.S. mutual fund portfolio managers do not invest a cent of their own money in their funds, according to Morningstar.69 This might seem a… - Morgan Housel

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