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"I will move all of the funds in my portfolio from actively managed funds to index funds if 20 other people do the same."

- Posted by unicornjessie
on June 02, 2008
Tagged: , , , , , ,

“Plenty of studies show actively managed funds aren’t worth the money you pay for them (computers, monkeys, and people using dartboards often do as well as fund stock pickers). But let’s set aside that age-old investment debate for a moment. No matter how talented your fund manager might be, expense ratios are killing your retirement.” -Bob Sullivan, "Gotcha Capitalism"

This pact ended at July 31, 2008.

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