Long-term strategy performance persistence for active managers is extremely low—most funds that outperform over 3 years fail to outperform in the subsequent 3 years (Sharpe, Morningstar research findings)

factualpending

Speaker

Ben Carlson

Evidence Quote

the amount of funds that outperform over three years for them to go and outperform the next three it's a very low percentage of funds that actually do that

Source

Practical Lessons from Ben CarlsonExcess Returns
Created: 8/11/2026, 6:21:49 AM

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