Optimisation trap
Risk & psychologySearching for the best available option when several adequate ones exist.
In plain terms
There is no best fund, only a range of perfectly adequate ones — and the search for the best has no natural endpoint.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Searching for the best available option when several adequate ones exist.
There is no best fund, only a range of perfectly adequate ones — and the search for the best has no natural endpoint.