Советую к прочтению J.Bogle. The Clash of the Cultures: Investment vs. Speculation. 2012.
Отрывок из книги
Back in the 1960s, about 1 percent of funds disappeared each year, about 10 percent over that early decade. When the frothy decade of the 1990s turned into the dispiriting decade of the 2000s, the equity fund failure rate leaped to an average
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