I feel that investing is not a one size fits all endeavor and index funds, individual stocks, precious metals, real estate, bonds or whatever have a place in various portfolios. (divhut.com)
It plots the returns of various portfolios versus beta. (moneysense.ca)
Returns on relative basis are still generally better and that has led us to purchase some grocery - anchored centers for various portfolios. (nreionline.com)