A portfolio manager claims that the mutual fund he managed obtained a 10%, 6% and...
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Finance
A portfolio manager claims that the mutual fund he managed obtained a 10%, 6% and 8% return in the past three years, while the market return was only 8%, 4.8%, and 6.4% in the past three years. Based on this information, do you believe this manager is good at picking stocks? If not, what other information do you need?
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