However, an active fund with a manager whose job is to pick shares to outperform the market will charge around 0.75% a year, or more for specialist funds.
And then there was the big, closing sing-along, with the friendliest band on earth (or kindliest after-thought, take your pick) sharing the stage with Beyonce and Bruno to declare, "We're gonna get it together somehow".
As a result, economists scoffed at the notion that investors could consistently earn a higher return than the market average by picking shares.
He says he has since diversified his portfolio, picking shares in established Canadian companies and industries that provide considerable dividend income.
While the stock pickers continued to pick up shares of Royal Gold –an old favorite at around $20 per share, they also saw opportunity in bad news.
If ITV is down it means someone else has picked up share.
The absent membership stands to pick up shares worth some £1.2bn in the summer flotation.
Mr. Dailey took advantage of sharp declines to pick up shares of Goldman Sachs, JPMorgan Chase and Morgan Stanley around Thanksgiving.
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Four years later, Petrie was Portland's first-round draft pick and shared rookie of the year honors with Dave Cowens of the Boston Celtics.
