Avoid the Siren Call of Index Funds

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  1. Dan says:

    There’s no merit to the anti-index funds arguments presented here, because if there was merit, actively managed funds would have outperformed index funds. But they haven’t, even before fees are considered. Ever. The only conclusion that can be drawn from that fact is that picking individual stocks is a fool’s errand, and paying someone to pick individual stocks is doubly foolish.


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