Investors love a winner, but exactly how do you define one?
Well, a recent Forbes article
suggests that winning fund managers are those that beat the competition, instead of the market.
Meanwhile, a Morningstar article
suggests that managers who pick stocks, versus sectors, tend to be winners.
Moreover, the Wall Street Journal has expressed respect
for mutual funds that focus on mergers.
Lastly, a MarketWatch
columnist penned another paean in praise
of the legacy of Vanguard's Jack Bogle
: returns that beat active managers.
Everybody loves a winner.
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