Mark Hulbert Professions : JournalistBorn : 1955 Browse All Authors Top 4 quotes by Mark Hulbert These results add up to perhaps the most important investment lesson of all that can be drawn from this week's market anniversaries: Predicting turns in the market is incredibly difficult to do consistently well. That means that, if your investment strategy going forward is dependent on your anticipating major market turning points, your chances of success are extremely low. Mark Hulbert importantaddmean It is very hard, if not impossible," he wrote in his study, "to justify active management for most individual, taxable investors, if their goal is to grow wealth." And he said that those who still insist on an actively managed fund are almost certainly "deluding themselves. Mark Hulbert active-managementinvestinggoal Assuming that the future is like the past, you can outperform 80 percent of your fellow investors over the next several decades by investing in an index fund-and doing nothing else. But acquire the discipline to do something even better: become a long-term index fund investor. Mark Hulbert disciplinelongpast Index funds are the only rational alternative for almost all mutual fund investors. Mark Hulbert mutual-fundinvestingalternatives Similar Authors Irving Bacheller journalist Bill Keller journalist Bob Woodward journalist Bolesław Prus journalist Buzz Bissinger journalist Burton Rascoe journalistAll Authors
