We now
know that stock and time picking are strategies that do
not work for
investors. Manager picking is also a worthless endeavor;
however, there are still investors out there who think they
can select an all-star manager or financial guru who can
beat the odds. There are many managers who are willing to
try to beat the odds for their clients or mutual fund shareholders
for a hefty fee.
Program Overview
Statisticians have stated their case.
They need at least twenty years worth of risk and return
data to establish skill in a manager. The real problem
is choosing those managers at the beginning of the period.
The indexes are a far better choice for investors because
of their long track records.
learn
more »
|
