Friday, November 14, 2008

Standard & Poor’s says active Fund Managers - - both US and international - - underperform benchmarks over long periods of time

http://www2.standardandpoors.com/spf/pdf/index/111208_SPIVA_midyear2008.pdf
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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.