Title: Long overdue!
Product review: This is the kind of book that validates conspiracy theorist. Here you have one most trusted of all american investment institutions...the mutual fund...finally being exposed for what it is...an inefficient and expensive way to invest in the long run.Mr. Baer and Mr. Gensler also expose the fallacy in the arguments of privatising Social Security.After you read this book it becomes more and more self evident that investors cannot rely on the typical buy and hold strategies. They will have to turn to alternative investing such as futures, options, and foreign exchange.
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