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No. of Recommendations: 2
JimCopland writes,

Many managed funds beat the index on a PRE-TAX basis --

How many is "many"?

Galeno's post stating that only about 5% of actively managed funds beat the S&P500 over a 20-year holding period matches the research I've seen. If you have any credible research that shows that a higher percentage of actively managed funds out perform, please post a link. I'd be interested in reading it.

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