It’s always been tough to be a successful stock picker on Wall Street. It’s not that mutual fund managers can’t beat the market, but it’s very difficult to do so year in and year out: Large-cap stocks have delivered long-term, annual realized returns of about 7% after inflation during the past 100-plus years. For the 15-year...
from NerdWallet
https://www.nerdwallet.com/blog/investing/3-reasons-stock-pickers-dont-beat-market/
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