Harry Peterson
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Harry Peterson in Investing & more!,

These 7 billionaires are worried about a stock-market correction


By now, all investors should know the research about the follies of market timing.

But similarly, all investors should admit that a quest for outperformance by stock picking and active management will never end — particularly given that 2017 shows more than half of active funds are beating their benchmarks for the first time since before the Great Recession.

So it’s worth noting that a host of big-name billionaire investors are pretty concerned about current market conditions.

Yes, there are tremendous benefits to passive, low-risk, long-term investing strategies. And obviously, some of the “best” investors on Wall Street often get things painfully wrong.

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