From the May 2010 issue of Boomer Market Advisor • Subscribe!

Tell us what you really think...

We can't help but love the Wall Street Journal's Jason Zweig. When commenting on the latest fund manager winning streak, he recently wrote the following:

"So does the average fund manager--long derided as the functional equivalent of a blindfolded chimpanzee--deserve an apology and a round of applause?

"In a word, no."

According to Zweig, the current market is in many respects the inverse of 2008, which means fund managers that were down then are up now. It's the functional equivalent of a stopped clock telling the right time twice a day.

"So the world hasn't been turned upside-down. Fund managers haven't become a flock of Einsteins, and low-cost index funds remain the best choice for most investors."

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