The question on everyone’s mind is: are you able to pick funds that will beat the market in the next year or two and make a profit?
Short answer? No.
As I covered in another video, even though stock prices aren’t necessarily correct, no one can consistently predict the direction in which they’re wrong. Today, we’re going to take a look together on what this means in the world of active fund managers, and why it’s virtually impossible to pick a winning fund ahead of time.
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