Список проголосовавших за комментарий "Дмитрий, Нашел в его книге опровержение вашим словам:<br/> <br/> Accordingly, we can consider an appropriate index’s return to be a measure of an investor’s opportunity cost—the cost of capital—and that beating the benchmark over time should be an active manager’s measure of success.<br/> <br/> So how do active managers fare against the competition? Not well. Over a recent fi ve-year period, the indexes outperformed about two-thirds of all active managers, and more than three-quarters of active funds underperformed the benchmark over ten years. A"