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A Preference for Discomfort

Perspectives Content Submission

Thu, 20 Mar 2014

Yikes is right! Investors continue to underperform the market by a significant margin, as Russ Kinnel of Morningstar reminds us in his 2014 version of “Mind the Gap.” 1 While many theories try to explain this persistent underperformance, I will focus on one: Too many of today’s commentators seem no

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