TY - JOUR T1 - When “Dartboard Investing,” It Helps to Pick the Right Dartboard: <em>A Comparison of Randomly Selected Stock</em> <br/> <em>and Fund Portfolios</em> JF - The Journal of Wealth Management SP - 60 LP - 67 DO - 10.3905/jwm.2011.13.4.060 VL - 13 IS - 4 AU - James Chong AU - G. Michael Phillips Y1 - 2011/01/31 UR - https://pm-research.com/content/13/4/60.abstract N2 - When randomly selecting assets for a portfolio, are clients better served by financial planners choosing individual stocks or a group of mutual funds? It depends. For the financial planner, it remains vital to know a client’s trade-off between the possibility of a higher return from stocks, with commensurate chances of loss and the chance for more predictable, but lower, returns obtainable from purchasing portfolios of mutual funds.TOPICS: Manager selection, mutual funds/passive investing/indexing, performance measurement ER -