The stock market in the U.S. has been shown to be highly efficient with respect to information. Evidence would be that most active mutual fund managers underperform their passive benchmarks. In this type of environment, investment performance over long periods of time. opportunities exist for investors. This suggests that a\ numerous; passive; active approach to investing tends to lead to better\ few; active; passive\ few; passive; active\ numerous; active; active

The stock market in the U.S. has been shown to be highly efficient with respect to information. Evidence would be that most active mutual fund managers underperform their passive benchmarks. In this type of environment, investment performance over long periods of time. opportunities exist for investors. This suggests that a approach to investing tends to lead to better numerous; passive; active few; active; passive few; passive; active numerous; active; active