Monday, July 04, 2016 10:38:50 AM
Why HRCT shareholders are getting better at investing:
O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..."
Ritholtz: "They were dead."
O'Shaughnessy: "...No, that's close though! They were the accounts of people who forgot they had an account at Fidelity."
http://www.businessinsider.com/forgetful-investors-performed-best-2014-9
O'Shaughnessy: "Fidelity had done a study as to which accounts had done the best at Fidelity. And what they found was..."
Ritholtz: "They were dead."
O'Shaughnessy: "...No, that's close though! They were the accounts of people who forgot they had an account at Fidelity."
http://www.businessinsider.com/forgetful-investors-performed-best-2014-9
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