Over the last 20 years, stock pickers have had a dismal record.
In some periods, stock pickers rule, and the start of this year was one of those times.
The S&P 500 and other stock indexes set records during the month.
It was that active stock funds did even better, though not by much, beating various market indexes by less than a percentage point, on average.
That happened to be the best calendar year for stock pickers in decades.
Organizations:
Bank of America