Does anyone have a couple links to the best (most academic, least bias) studies showing that almost all actively managed do not beat their index fund counterpart? I need it to convince a friend. (I have these below). Thanks
http://news.morningstar.com/articlenet/article.aspx?id=347327
https://www.whitecoatinvestor.com/people-still-believe-in-active-management/
http://freakonomics.com/podcast/stupidest-money/
http://news.morningstar.com/articlenet/article.aspx?id=347327
https://www.whitecoatinvestor.com/people-still-believe-in-active-management/
http://freakonomics.com/podcast/stupidest-money/
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