You Can Outperform 88% of Professional Fund Managers by Using This Simple Investment Strategy
Professional fund managers are in charge of investing billions of dollars for investors. They're often highly educated, have years of investment experience, and get paid well for their skills and expertise. But the truth is most aren't worth the fees they charge.
It doesn't take an advanced degree or special insider knowledge to do better than the vast majority of actively-managed mutual funds. A simple strategy can beat about 88% of them. It's a strategy Warren Buffett famously bet half a million dollars on with the expectation it could beat any hedge fund manager over 10 years.
He won the bet.
Source Fool.com