The median index fund easily beats the median hedge fund after accounting for fees on both.
Are you more comfortable with that statement?
Also, here's another one to ponder: It may be just as hard to pick a fund manager who will outperform his/her peers as it is to pick a stock that will outperform its peers. For this reason alone, I index almost all my money.
Are you more comfortable with that statement?
Also, here's another one to ponder: It may be just as hard to pick a fund manager who will outperform his/her peers as it is to pick a stock that will outperform its peers. For this reason alone, I index almost all my money.