Catallarchy � Bogle on the Cost Matters Hypothesis

Catallarchy � Bogle on the Cost Matters Hypothesis

Credit for finding this article again goes to JLP at All Things Financial. I could not resist linking to it because it backs up exactly what I posted yesterday through the use of the SEC Mutual Fund Cost Calculator.

The EMH or Efficient Markets Hypothesis is old hat but I had not seen the term CMH or Cost Matters Hypothesis. It would seem that the word Hypothesis would not be necessary. After all don't all business owners and all investors know that Cost Matters? Obviously not. Investors of all shapes and sizes still flock to high priced funds.

As the article says, the evidence is over-whelming.

BUY STOCKS! AVOID MUTUAL FUNDS!