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Ben Carlson: When Mediocrity Trumps Brilliance

FYI: The index investing revolution has made it abundantly clear that many investors are now starting to understand the zero sum nature of active management and the huge hurdle that high fees can present in the fund world.
Regards,
Ted
http://awealthofcommonsense.com/2016/04/when-even-mediocre-fund-beats-brilliance/
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