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- A Craving for Juicier Returns
- Announcing the Launch of Lowrie Financial
- Is Gold Mania Headed For Bust?
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- History has a calming effect as I hold on to stocks by my fingertips
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Research
Three Challenges Of Investing: Active Management, Market Efficiency, and Selecting Managers
(by John C. Bogle -- October 21, 2001)
John C. Bogle, Founder and Former Chairman of The Vanguard Group, explains why passive investing will always beat active investing in the long run.
Picking a winning fund manager is hard, says Bogle, because "100% of managers expect to win; in the long run, less than 5% succeed."
