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Has anyone shown that RB or RM have any relevant edge over Index investing?

TMF closed them down as their relative out performance of 99 & 00 was collapsing fast in 01 02.

Without AOL in the ports, was there anything there?

How could they sell CSCO MSFT and other techs in 2002, not 99 00 or 01 03 or 04 ?
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