The title of this article implies that no funds beat the market over time, and that isn't true. The study it is based on (which was done by S&P, a company that

The title of this article implies that no funds beat the market over time, and that isn't true. The study it is based on (which was done by S&P, a company that profits when people invest based upon their index) doesn't look at overall returns. It looks at whether any funds were in the top 25% for the last 5 consecutive years. The answer is no, but who cares? Profitable investing is far more about how right you are (when you are right) than how often you are right.