Article By:
Tom Madell
Monday, April 3, 2017 6:09 PM EDT
Investors like funds with outstanding past performance but this often ignores that some of the best performing funds are overvalued. A method to determine overvaluation and data showing how such past overvaluation hurt future returns are presented.
In this article: DDVAX, DODGX, FBIOX, FDGRX, FSMVX, OAKLX, PRGTX, REACX, RPMGX, SWSCX, VCDAX, VGHCX, VHCOX, VIMSX, VSCAX, VSGIX