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Episode 057: Dr. Derek Horstmeyer on multiple investment topics, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

The Pros and Cons of Active Management Strategies

Fees were the single determinant of long-run return, according to David Frum. He looked at most egregious mutual funds charging more than 1.5% per year. Not only did they underperform by 1.5%, they underperformed by about 2% on average. The people who are paying 1.5 probably don't even know they're paying 1. 5%.

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