Survivorship bias means that most existing funds can have beating index funds in the past.
Yes, but taking into account survivorship bias, there are some actively managed funds that do do consistently worse than the market, and eventually fail (and are replaced by other funds that do so)
Survivorship bias means that most existing funds can have beating index funds in the past.
Yes, but taking into account survivorship bias, there are some actively managed funds that do do consistently worse than the market, and eventually fail (and are replaced by other funds that do so)