You Read It In The WSJ

The secret is out . In last Saturday’s Wall Street Journal there was an article that came right out and said it; “Overtime, passive index mutual funds will outperform the actively managed mutual funds.” The article goes on to quote Russ Wermers, a finance professor at the Robert H Smith School of Business at the University of Maryland; “It’s hard to find an active managers to consistently give good performance.” The article then provides a list of criteria for people who want to find a superio...