@article {Chong60, author = {James Chong and G. Michael Phillips}, title = {When {\textquotedblleft}Dartboard Investing,{\textquotedblright} It Helps to Pick the Right Dartboard: A Comparison of Randomly Selected Stock and Fund Portfolios }, volume = {13}, number = {4}, pages = {60--67}, year = {2011}, doi = {10.3905/jwm.2011.13.4.060}, publisher = {Institutional Investor Journals Umbrella}, abstract = {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{\textquoteright}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}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/13/4/60}, eprint = {https://jwm.pm-research.com/content/13/4/60.full.pdf}, journal = {The Journal of Wealth Management} }