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Tag "efficiency wage notion"

Exclusive FiduciaryNews.com Interview with Mutual Fund Fee Myth Busting Professor

Contrary to popular press reports, economic theory clearly suggests paying high fees is justified. Here’s the cruel irony and the greatest danger posed by the myth of high mutual fund fees: by taking back some of the responsibility normally delegated to professional advisers, an active fiduciary may in reality take on a greater fiduciary liability.

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