Notes on the Money Market and LM Curve – Eco 3202 – Fall ...
May 17, 2002 · Assuming the market can't be beaten, it invests in broad areas rather than picking individual stocks. Average annual returns over the past decade for its biggest fund -- one that invests in small, undervalued stocks -- have been about 16%, four percentage points better than the S&P 500, according to Morningstar Inc., a mutual-fund research company. ................
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