Quote Originally Posted by SBQ View Post
The benchmark metric should be based on the market index return. So again, take the Dow Jones index today and compared to it back in 2020. It is still WAY HIGHER now than it was at the peak of 2020. There should be NO excuse for any fund managers that can't book a massive gain over the past 3 years. If they have managed to lose most of the gains in 2020 and 2021, then they must be invested in highly speculative stocks with no earnings. Many of the tech stocks on the Nasdaq have lost 70% of their value and on average, say 50% for the big common name tech stocks that have no earnings. Look at Roblox for eg that had a peak of $140 earlier in the year to be around $30 these past weeks.

@Bjauck: 1.5% since Jan 2020 to now??? That is a complete fail and your $ would have been better in the bank. The idiots in these fund managers always get their cut. As Buffet says, "The helpers help themselves"
You are correct for $'s invested two years ago but that has to be balanced out by the $'s invested since then in a market that was higher than now.