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Chuck Jaffe: How Picking March Madness Teams Is Like Picking Mutual Funds

FYI: With the first weekend of March Madness in the books, it’s worth considering how the tournament results — and the results in your tournament betting pool — come together in a fashion similar to a mutual fund portfolio.

So on the tournament’s off days, take a look at your bracket and your fund portfolio and see if flawed thinking is making you a laggard or a downright loser.

The analytical factors that go into evaluating the future performance of a fund and a basketball team are roughly the same. Here’s how
Regards,
Ted
http://www.marketwatch.com/story/how-picking-march-madness-teams-is-like-picking-mutual-funds-2015-03-23/print
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