If most investment managers are unable to beat the market on a risk-adjusted basis, should an investor

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If most investment managers are unable to "beat the market" on a risk-adjusted basis, should an investor still consider investing in investment companies? Why?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 03:01 AM

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If most investment managers are unable to beat the market on a risk-adjusted basis, should an investor

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Fundamentals of Investments

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