Could you identify a Tom Brady-manager AND know when to trade him?
What does fantasy football have to do with investing? It teaches you to avoid Nick Foles-like fund money managers, whose one-time Super Bowl achievements often decline the following year.
And it might also suggest that you avoid Tom Brady-like fund managers, whose six Super Bowl rings sure look tempting.
With the start of the NFL season, both are worthwhile reminders. But let’s examine the latter, because it’s a mistake many investors fall for – selecting the star manager every year.
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