Ben Felix | Why It's So Hard to Beat the Market P1 | Common Sense Investing with Ben Felix @BenFelixCSI | Uploaded June 2017 | Updated October 2024, 1 hour ago.
Watch my video to find out why on average, active fund managers consistently underperform the market.

Let me know what you think in the comment section below. Thanks!

Referenced in this video:
Luck Versus Skill in the Cross Section of Mutual Fund Returns - papers.ssrn.com/sol3/papers.cfm?abstract_id=1356021
On Persistence in Mutual Fund Performance - jstor.org/stable/2329556?seq=1
Scale and Skill in Active Management - nber.org/papers/w19891
William Sharpe’s 1991 paper The Arithmetic of Active Management - https://web.stanford.edu/~wfsharpe/art/active/active.htm
Why Is It So Hard To Beat the Market? part II - pwlcapital.com/why-is-it-so-hard-to-beat-the-market-part-ii
------------------
Visit PWL Capital: goo.gl/uPcXg7
PWL Capital Blog Post: pwlcapital.com/why-is-it-so-hard-to-beat-the-market
Follow PWL Capital on:
- Twitter: twitter.com/PWLCapital
- Facebook: facebook.com/PWLCapital
- LinkedIN: linkedin.com/company-beta/105673

Follow Ben Felix on
- Twitter: twitter.com/benjaminwfelix
- LinkedIn: linkedin.com/in/benjaminwfelix
------------------

Video channel management, content strategy & production by Truly Inc.
- Website: trulyinc.com
- Twitter: twitter.com/trulyinc