Tuesday, August 15, 2006

Another good reason for buying trackers or making your own judgements...

The Telegraph reports on a study that suggests active fund managers not only usually do worse than an index but almost always do worse than a machine. Given how lavishly they're paid for mediocrity, I'm so in the wrong business. (And no... I don't want any comments suggesting that I'm doing OK for a mediocre IT consultant...)

My direct investments are either in trackers or stocks I've picked myself but I think I need to check where my pension is...

No comments: