If you can't beat the benchmark, sell the benchmark and take your skim off the top!
"There's a lot of reasons why it became really difficult to beat the S&P 500, and the biggest reason was the Federal Reserve — they just sucked all the alpha out of the market," Nelson said, referring to performance above market indexes. "A lot of guys just threw in the towel and became closet indexes."
Contra funds aren't always contrarian
"There's a lot of reasons why it became really difficult to beat the S&P 500, and the biggest reason was the Federal Reserve — they just sucked all the alpha out of the market," Nelson said, referring to performance above market indexes. "A lot of guys just threw in the towel and became closet indexes."
Contra funds aren't always contrarian