From Greg Mankiw... Indexing wins again.
Whether you should be in large cap stocks or not is based on your risk tolerance and overall asset allocation. But what is clear, time and time again, is that you should not pay anyone to actively manage your large cap portfolio. Just index, or buy and hold.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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