Stock market experts don't beat "wisdom of crowds"
Posted on May 12th, 2007 by Craig Newmark
If you invest like me, in a half-assed way, you might've read that the mutual funds managed by experts don't do better than index funds, based on much broader expertise. The experts frequently don't perform well enough to cover their overhead.
Check out In Investing, Passive Beats Active in today's Times.
Hi Craig,
here Rafael from Germany. The best investment is to investin employees. Because human investments are also the best investments you can ever make. Just look at the employees of Craigslist. Don't you think they are worth every cent? Yes, because good employees are worth a lot!
Have a great day!
Kind regards
Rafael