Day: July 23, 2024

In a recent The Wall Street Journal article, Jason Zweig correctly pointed out that 85% of active stock-picking funds and ETFs had underperformed their benchmark. In many ways, his thesis could be called “The Death of Stock Picking!” Since Jason and most of the financial community have built their investments around owning the S&P 500 Index at the core of their portfolio, investors have feasted on record-setting returns since the stock market bottomed in 2009. Fortunately for stock owners like us, dogs chase cars and people chase stocks! Jack Bogle is taking a victory lap in heaven for the success of his investment strategy. […]