In order to work with the millions of pieces of information our brains are bombarded with every day, people subdivide and categorize data. There is no such thing as a ‘general’ band; it is either a jazz band, a string quartet, or one of the many kinds of rock such as ‘oldies,’ hard rock, a pop cover band, and so on. The same thing is true with stock mutual funds. Every fund is labeled based on its focus: it’s an emerging markets fund, a technology fund, a sm...
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