In this article, Andrew Hallam explains how the odds of winning with actively managed mutual funds are lower than any savvy bettor would accept.
What Investors Can Learn From Crazy and Not-So-Crazy Brits
The British have long had a reputation for betting on almost anything. But that doesn’t make them crazy. When the odds are low, the rewards are high. And when the odds are high, the rewards are low. It’s common to see big bets on whether aliens exist, who will win an Oscar (and whether they’ll cry d…
