|
|
#6
12-20-2005, 06:45 PM
|
|||
|
|||
Re: Evaluating Managed Funds
[ QUOTE ]
there is no one that can pick stocks and beat the benchmark over a long period of time [/ QUOTE ] Oh, please.* [ QUOTE ] Take 1000 fund managers and put them in a room. Ask them to flip a coin and try to get heads.... [/ QUOTE ] Have you read The Superinvestors speech? * I'm not saying it's easy, I'm just saying that all tautologies are false [img]/images/graemlins/wink.gif[/img] and there's a lot of data that contradict you/Fama/French/Malkiel/Samuelson/..... 
|
|
|
Threaded Mode