“How Do Fund Companies Hide Their Poor Performers?”

The Investor Coaching Show with Paul Winkler · Aug 6, 2026 · 24m

Many investors get pulled into a portfolio or fund that has performed well, only to find that they don’t ever enjoy the returns that were described. Today, Paul answers a question about why fund companies never seem to have poorly performing funds. Paul shares that mutual fund companies phase out “bad” funds and hold onto good ones, which gives investors the impression that they will get in on the past performance of an investment. Paul pivots to the news that gold has gone up, but that doesn’t make it a good investment now. Paul explains relative loss, a concept that will help you understand…