Survivorship Bias -- what it is and why it's important

Time and again, the evidence shows that only a small fraction of actively managed funds succeed in beating the market with any degree of consistency. And, that’s without taking into account “Survivorship Bias.” Survivorship Bias is the tendency for mutual funds with poor performance to be closed, or merged into other funds by mutual fund companies. A widespread phenomenon in the industry, Survivorship Bias, results in an overestimation of the past returns of mutual funds and means that many actively managed funds are doing even worse than reported if Survivorship Bias is taken into account.

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On the Air

newsradio-WHP-webTim Decker hosts the weekly radio show “Financial Freedom” on WHP 580 AM Harrisburg every Saturday at 10:00 am Eastern.

He brings his extensive knowledge and over 28 years of experience to the discussion of current financial and wealth management topics. Each show also includes a Q&A session when Tim provides straightforward, unbiased answers to questions from callers. This is the program that represents your best interests, not Wall Street's.

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The Sleep-Well-at-Night Investor


ISI Financial Group helps clients take all necessary steps to properly develop and implement a holistic financial plan using evidence-based, time-tested strategies centered around financial science. In his book, “The Sleep-Well-At-Night Investor,” Tim Decker shows readers how misinformation from the mutual fund industry has created widespread harm amongst investors. The book also discusses the temptation to think of investing like gambling, and the tragedy of gambling away savings and security under the guise of investing.

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