Question
A portfolio manager earned an average return of 9.32% per year over the last 10 years compared to 8.56% per year for the market benchmark
A portfolio manager earned an average return of 9.32% per year over the last 10 years compared to 8.56% per year for the market benchmark (S&P 500 Index). True or False: It is fair for the portfolio manager to claim superior performance because he beat the market.
(a) True
(b) False
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Create Wealth Over The Long Run Give Yourself The Life You Deserve
Authors: Micheal J. Bess
1st Edition
979-8865993711
