Discussion in 'Shares' started by Tropo, 14th Aug, 2011.
Awesome article. Many thanks for posting.
I am glad you like it.
"Basically, people should be putting money into INDEX FUNDS when they can't demonstrate that an investment with similar characteristics is better. For intance, suppose that they go to a long equity manager. In order to give him money, I think they should have to demonstrate the index that most closely matches him - small stock, intermediate stock, growth, value - is not as good."
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