Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals

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AI Summary

Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds' benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal. That rate rose to 27% over the latest 12 months, and Wall Street has argued that AI-driven dispersion and higher […]
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