Re: Why Mutual Funds are better than Index Funds
Hi Peter,
You seem to be saying that a few non-index mutual funds have better performance overall than all index mutual funds based on the premise that Warren Buffett, Bill Miller etc. are some of the top money managers on the planet. But I think you would agree that all non-index mutual funds are not better than all index mutual funds. And we have not mentioned EFT's which are exchange-traded funds based on an index such as oil EFT, nasdaq biotech EFT etc. And then there are country funds such as Spain, Germany etc which are index funds. Certainly there are alot of investing strategies that might include these types of index funds. fwiw
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