Swedroe: The Only Reliable Prediction

Another great article from Mr. Swedroe right here at ETF.com:

Swedroe: The Only Reliable Prediction

Fortune teller

New favorite Swedroe quote: “There’s one forecast I know I can make with the same certainty I have about the sun rising in the east. I know—for certain—that, at the end of each year, active managers will come up with an excuse for their failure to outperform index funds.”