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New funds are cautious of past numbers
Dec 5 2007 7:11AM (CT)
NEW YORK (AP) - In investing, like sports, the numbers can be compelling but don't always tell the whole story. Athletes and stock pickers alike can hit cold streaks or lose their rhythm when conditions change, so a solid long-term record is what really burnishes a reputation. Rookie funds are at something of a disadvantage, knowing that investors like to see a history of performance, so many of these funds will calculate what their results would have been had they been around longer. But while
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