On average, the excessive management expenses of active money managers are over double the value of their incremental performance gain. (bestnoloadmutualfund.com)
Even professional active money managers usually don't do better than the market after their higher investment management expenses, higher trading expenses, and increased capital gains taxes are added in. (bestnoloadmutualfund.com)
Active money managers want you to believe that they can act defensively to mitigate the downside of stocks during a market downturn. (csinvesting.ca)