Index funds have to work!

“So who still believes markets don’t work?
Apparently it is only the North Koreans, the Cubans and the active managers.”

— Rex Sinquefield, co-founder and board member Dimensional Fund Advisors

Not that fund managers will like this…but there are too many people saying that indexing your money is the best thing to do. If that is so how come so much money is in managed funds? I guess it is just facts vs. hope. Or why women hope that men will ask for directions. Or women will understand maps. Just like that.

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