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"Index funds consistently outperform actively managed funds, by 90% or more over longer periods of time."
This statement makes it sound like the return of index funds is 90% greater than that of actively managed funds (e.g., if the CAGR of the average actively managed fund is 10%, then the CAGR of the average index fund is 19%). It should be re-written to something like the following.
"Over 15-year time periods, only about 10% of actively managed funds beat their passively managed index fund benchmarks."
Good stuff as always, Daniel. I bought the Know Your Number course. Excited for it to launch. Thanks for the code!
Absolutely loving your content Daniel, would you be open to allowing us to share it with our 60k+ audience as well?
What about investing a small fraction of your net worth in high-risk / high-return assets with a 10+ year horizon (such as Cryptos)?
"Index funds consistently outperform actively managed funds, by 90% or more over longer periods of time."
This statement makes it sound like the return of index funds is 90% greater than that of actively managed funds (e.g., if the CAGR of the average actively managed fund is 10%, then the CAGR of the average index fund is 19%). It should be re-written to something like the following.
"Over 15-year time periods, only about 10% of actively managed funds beat their passively managed index fund benchmarks."
Great article!! But i'll admit... i believe we were promised a funny screenshot from tuesdays preshow!