No, the stock market hasn’t become easier to beat.
That’s important to keep in mind as a counter to the argument that, because index funds have “officially won” the battle to manage more money than actively managed funds, the stock market has become less efficient and therefore easier to beat. While this is a convenient narrative that active managers can use to justify their high fees, it simply isn’t true.
The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here
