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When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.

David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”

“When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”

David F. Swensen

David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”
David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”
David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”
David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”
David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”
David F. Swensen Quote: “When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there’s almost no chance that you end up beating the index fund.”
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