Baseball and mutual funds; Underrated/overrated stats
A mutual fund's expense ratio is the single best predictor of its future returns, according to Jacobs. The lower the expenses, the more likely a fund is to outperform. “Why would anyone invest in a fund with a 5 percent load or a 2 percent expense ratio when there are low-cost, quality funds available in virtually every asset class? The expense ratio should be the first thing to consider when evaluating a mutual fund,” he says.
Similarly, OPS (On Base Plus Slugging Percentage) is a much more useful measure of batting prowess than batting average, home runs or RBIs. By adding on-base percentage and slugging percentage, you can measure a player's ability to both get on base and hit for power in one handy number.
(Photo: Joe Bielawa)