Fire the Successful Financial Planner and Hire the Poor Performer?

If we truly believe in Regression to the Mean then we probably should be firing that successful money manager and hiring the guy who has consistently been a poor performer. That approach would predict the fall of one and the rise of the other – both meeting in the middle.

Written by
With his passion for economics Bill Tatro has been entertaining audiences on the radio and in seminars for decades. Bill is an economist that provides weekly paid content to subscribers, and offers a free daily "lite" version as well.

Leave a Reply