This Article was Published in Market Express Over 90% of active managers in the U.S underperformed the benchmark index over the past 10 years. While it may not be that bad for emerging markets, still fund managers on the whole underperform the broad market. If this is the result for trained, qualified fund managers, one can imagine the plight of retail investors. Clearly fund management is a tough act. But we also constantly hear about successful investors like Warren Buffet,
This Article was originally published in The Global Analyst U.S Stock markets have been one of the best performing developed stock markets since the global financial crisis of 2008. A dollar invested at the beginning of 2009 would now be worth $3 (annualized return of 12.9%). U.S stocks went more than 400 days without a 5% drawdown and in 2017 the Dow index registered more than 70 highs. Then what are we cribbing about? The market witnessed a sudden sell off during Feb 2018.