Roughly Half of Stock Pickers Beat the Market Downturn This Year
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Everyone's taking a licking in this market, except, believe it or not, stock pickers.
Through the first six months of the year -- which most remember as the Hindenburg disaster playing out over 182 straight days -- 49% of large-cap domestic equity funds outperformed the S&P 500, according to S&P Dow Jones Indices data reported by The Wall Street Journal on Thursday. If the pace keeps up, long-derided active managers will post their best year since 2009, leaving the rest of us wishing they'd share a few tips.
Source Fool.com
