Just How Useless Is the Asset-Management Industry?
Harvard Business Review
MAY 16, 2013
Writing under a pseudonym in the Financial Analysts Journal in 1960, mutual fund executive Jack Bogle made "The Case for Mutual Fund Management." Bogle took the track records of four leading mutual funds going back to 1930 and compared them to the performance of the Dow Jones Industrials. As tests go, Bogle''s had its flaws.
8 
Let's personalize your content