Index investing outperforms active management year after year.
Most investors would be better off in an index fund.
It is very hard, if not impossible," he wrote in his study, "to justify active management for most individual, taxable investors, if their goal is to grow wealth. " And he said that those who still insist on an actively managed fund are almost certainly "deluding themselves.
Commodities tend to zig when the equity markets zag.
My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of derivative securities.
. . . the best way to own common stocks is through an index fund.
Active management is little more than a gigantic con game.
Everybody has a different strategy, but everybody agrees that active management does not beat the market.
