mathjak107
Well-known Member
- Location
- bayside ,queens , ny
actually most fund managers are very good stock pickers ....the problem most funds are to small to be efficient cost wise ....keeping the lights on and paying talent is costly so it is not the stock picking that can’t win , its the costs .Catlady, I've heard that about fund managers seldom beating the market. I'm wondering that now in the changing environment if they'll do better than index funds. Over the past few years, the market went either straight up or sideways for a time. There weren't a lot of losers. Once we come out of this mess, the landscape may change and make good stock pickers important again. BTW, I like your style!
Morningstar and ibbotsen found that if you stick to the top 20% of the mega funds in size your chances of beating indexing jumps to 80% ....funds like fidelity contra , fidelity growth company , fidelity blue chip growth have beaten their indexs for the most part for many years
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