Most individual investors invest in actively managed funds. I have long been fascinated by this behavior, because the overwhelming data indicates that active managers do not enhance returns.
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Fibonacci was a brilliant mathematician, but even he couldn't predict tomorrow's news. Don't bet your financial future on anyone who says they can.
The perpetuation of the myth that you can pick outperforming actively managed funds through "research" is a cruel hoax. It makes ordinary investors feel inadequate when their efforts fail.
If you're looking to a financial advisor for investment strategies, be warned: Your advisor is biased and not towards you, according to a new report f...
If Vanguard can't pick actively managed funds with a consistent record of outperformance, what are the chances you and your broker will fare any better?
I have a cushy job for you. You will be the fund manager of a mutual fund. Its benchmark index is the S&P 500. All you have to do is beat that index and you will be handsomely rewarded. How difficult can this be?
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