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Meeting, not beating, the market

Meeting, not beating, the market

Excerpt from Canadian Business article:
Written by Bryan Borzykowski


Chris Turnbull was once a wide-eyed stock picker. Things didn’t work out quite as he’d hoped. Like many investment professionals, Turnbull had trouble beating the benchmark over the 18 years he spent working as a portfolio manager at RBC Dominion Securities. He was underperforming, taking on too much risk and, ultimately, not adding much value. “I felt like I was letting clients down,” he says. “It was an unsatisfying place to be.”