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Go with fund managers who genuinely invest over the long term, there are surprisingly few, and over 10+ years it is possible to generate better returns. Picking
by cmdkeen 12y ago
Go with fund managers who genuinely invest over the long term, there are surprisingly few, and over 10+ years it is possible to generate better returns. Picking companies you think will beat the market over 10+ years is about fundamentals and research, not "playing the market".
Too many fund managers aim for consistent shorter term performance, which is getting into dice rolling territory.
Have a look at the fund managers that big pension schemes use. Some of them do genuinely perform well over the long run by not being distracted by short term issues.