Why Even Experienced Fund Managers Don’t Beat The Market

Why Even Experienced Fund Managers Don’t Beat The Market

“even long-term managers show no ability to beat the market on a risk-adjusted basis. The key to a long career in the mutual-fund industry seems to be related more to avoiding underperformance than to achieving superior performance.”

http://www.businessinsider.com/why-even-experienced-fund-managers-dont-beat-the-market-2014-8?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

Screen Shot 2014 08 10 at 11.57.58 AM

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