Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: The world is out to get active money managers. As Bloomberg’s Charles Stein reports, they’ve been having a tough economic recovery, with only 21 percent of stock-picking mutual funds beating their benchmarks during the past five years. They (at least, several that Stein talked to) have also identified a culprit on Constitution Avenue: Regards, Ted http://www.bloombergview.com/articles/2015-02-24/active-money-managers-have-the-whole-world-against-them
"The result is an arms race, in which active managers put more and more resources into beating their peers but find that their relative position hasn’t improved at all. Some strategies will work....."
Love these articles....Who Ever said Managers have to beat other managers to be successful? managers Only have to make ONE group of people Happy...to be successful, and that goal has nothing to do with an Arms race....really
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Love these articles....Who Ever said Managers have to beat other managers to be successful? managers Only have to make ONE group of people Happy...to be successful, and that goal has nothing to do with an Arms race....really