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3min chapter
The Bogle Effect
The Compound and Friends
Oil Stocks Are Getting Hotter and Worse
In first quarter, active funds were 27 % under weight energy in kon where it was the best quarter for energy since 19 70. And energy itself detracted about 33 basis points alfa year to date. So what do they do now? Go chase oilstocks. You nobody knows the future. That's the you just can't get around that fact. But i just think it's ultimately thatite, not knowing the future is just, it's insurmountable. What can you do? What can youDo? Or not being able to do that reliably is the whole thing.
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