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Politics : Ask Michael Burke

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To: BGR who wrote (48054)2/20/1999 12:52:00 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
>>Since the 30's (the dawn of modern finance)
research has shown time and again the over the long run indexes always have
outperformed majority of actively managed funds.<<

no problem. this makes sense. actively managed mutual funds are the so large they are essentially THE avg. well, minus expenses, of course.

oh, and after watching the way the they play the game, let's just say there may be some other reasons ;-)
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