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The Most Contrarian Move In Investing: Trust A Stock Picker

TedTed
in The Bullpen
FYI: It's perhaps the most contrarian move in investing today: Trust a stock picker.

Investors have been dumping funds run by managers who try to beat the market, and they're pouring money instead into those that track the Standard & Poor's 500 or other indexes. Last month alone, $44 billion left actively managed stock funds, and nearly $41 billion went into comparable index funds.
Regards,
Ted
http://bigstory.ap.org/article/b2c1874bf608473a97a2a60d7a4f977d/most-contrarian-move-investing-trust-stock-picker
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