The Myth of "Best of Breed" Fund Selection: Why Index Funds Often Outperform | Mike Palmer, Managing Principal , Ark Royal Wealth Management. 00:10:00
Mike Palmer, Managing Principal of Ark Royal Wealth Management, challenges the common advisory claims of selecting "best of breed" funds or managers. Despite stories of rigorous selection criteria, many advisors fail to consistently outperform simple index funds. Palmer argues that financial advisors should offer more than just investment management and emphasizes the clear data showing that active management often falls short.
