“The deeper one delves, the worse things look for actively managed funds.”
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Famous William J. Bernstein Quotes
“Mutual fund manager performance does not persist and the return of stock picking is zero.”
Source: The Four Pillars of Investing
“99% of fund managers demonstrate no evidence of skill whatsoever.”
Source: The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
Source: The Four Pillars of Investing
