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They do. The median active investment fund underperforms the market, but the median active retail investor way underperforms the market.
by yellowstuff 9y ago
They do. The median active investment fund underperforms the market, but the median active retail investor way underperforms the market.
- brianpgordon 9y agoAnd the median active investment fund underperforms the market for a reason. If a fund plowed 100% of its investment into the S&P 500 they'd be exposing themselves to laughably high volatility.