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Old 02-08-2005, 12:18 AM
AceHigh AceHigh is offline
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Join Date: Sep 2002
Location: Pennsylvania
Posts: 1,173
Default Re: Making money in the stock market

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Very few money managers can even beat an index fund over the long haul.The question is if the best and brightest can't beat
an index fund what makes you the individual investor think you can beat it?

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Because fund managers don't make money by beating indexes...they make money by generating fees. So they need to generate fees first and then try to beat the indexes second.
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