The fund with the best performance last year. Next year may be worse than last year. Or a countdown or something. For example, in the past few years, China Post Fund ranked first, and the result always came last.

It has not started to rise until now. Some people may not believe it. Then let's talk with data. What the hell is going on?

We selected the last ten years from 2007 to 20 16. Top ten 100 funds with annual performance. Tracking every fund. Where is its annual performance in similar funds 1 to 5 years?

As can be seen from the above figure, both stocks and partial stocks are mixed. 20 1 1 top 19 funds are very unstable in the next few years, and some funds are ok. Some even rank at the bottom.

We can draw a conclusion that the performance of the top ten in that year can't completely guarantee that the ranking next year will also be a bull fund. The worst case is equal.

Why is this happening?

1, the good performance is not due to the problem of the fund manager, which may be correct.

2. The fund manager has changed. The performance has fallen sharply.

Therefore, the choice of funds must look at 3 to 5 years, and as long as it is relatively reliable. You can't put eggs in one basket.