At this point, if you still think there really are people who are experts at picking stocks, I’ve got a bridge to sell you in Brooklyn. But I’m going to pile it on with even more irrefutable evidence that stock picking experts don’t exist, and if you’re paying someone to actively manage your investments, you’re […]
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We’ve spent plenty of time explaining why investing in passive, low-cost index funds will out-earn actively managed funds in the long-run, and that most fund managers can’t even outperform the indexes they’re trying to beat over time. The underlying theme of these posts is that stock market “experts” aren’t really experts at all. They may […]
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