Paul Samuelson Quotes:
Ocupation: Economist
Life: May 15, 1915 - December 13, 2009
Birthday: May 15
Death: December 13
Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidence, these folks aren't about to give up on actively managed funds themselves. A tad delusional? I think so. Picking the best-performing funds is 'like trying to predict the dice before you roll them down the craps table,' says an investment adviser in Boca Raton, FL. 'I can't do it. The public can't do it.'
topic: Giving Up, Self Confidence, Thinking, Index Funds, Adviser
