[Peter666]

Relative to the Canadian market, the performance of those funds is good. The CI Investment fund has been around since the 1930's. But that was not the point of posting those examples.

The real point was to show how Kim Shannon has improved every one of the funds that she has entered as a new manager. Her record is stellar. She has managed some funds for over 10 years and some for less than five. But whenever she enters one, you see an improvement in the performance. The reason she would enter one to begin with is because it usually was not a good performer. One should judge a fund by its current manager, not previous managers and their respective performance.

Will she stay good?

Well, is there a reason she won't? (Other than outgrowing the market which was discussed earlier)
She uses a pretty simple mathematical system of value investing a la Benjamin Graham. Is anyone going to argue this is not a good way to invest?

Yes, she could keel over of a heart attack, lose her mind, or join the Communist party, but I hope those above her would do something to fix the situation. There are more managers than Kim Shannon, and I am sure they are learning from her.

Above average human intelligence will always beat the mediocrity of the index.