BDR 0.00% 6.5¢ beadell resources limited

This is why index funds with no active management MUST...

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  1. 1,102 Posts.
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    This is why index funds with no active management MUST underperform the market.

    The index fund sells a stock once it has already fallen in price, but it buys a stock only after it has risen in price. It follows (with a delay) the market sentiment.
 
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