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Investment management, as traditionally practiced, is based on a single core belief: Investors can beat the market and superior managers will beat the market.
Charles D. Ellis Quotes: Investment management, as traditionally practiced,
After adjusting the comparison of index funds to actively managed funds for survivorship bias, taxes, and loads, the dominance of index funds reaches insurmountable proportions. Once
Charles D. Ellis Quotes: After adjusting the comparison of
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