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Burton Malkiel Quotes: The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses.
         

The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses.


Burton Malkiel
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A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.



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We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.



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It's like giving up a belief in Santa Claus.





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This page presents the quote "The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses.". Author of this quote is Burton Malkiel. This quote is about way, fund, bottom, looks, expenses, investing,.