We assume that highly paid professionals consistently beat the market. Yet research shows that active funds often underperform passive funds, and analysts’ recommendations can be unreliable. Why does this system persist?
Inertia, our new book: https://tinyurl.com/4rjcpc9h
Inertia, our new book: https://tinyurl.com/4rjcpc9h
Comments
1. Eliminate management fees
2. Minimize transaction costs
3. Diversify asset classes
Boring is better.