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Jonathan Clements: Bullheaded: Beating The Market

FYI: LOGIC AND DATA make it abundantly clear that we’re highly unlikely to beat the market averages—and that indexing is the best strategy for the vast majority of investors. Yet half of U.S. stock fund assets remain actively managed and, for money that isn’t in mutual funds, the percentage is likely far higher.
Regards,
Ted
http://online.barrons.com/home-page
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