Okay - I'll counter that.

I believe that the cream floats to the top and if the fund is managed with best-of-best stocks and cycling out of losers, then, it should be able to do this with 1,000s - if not merely 100s of 'experts'.

Think about diversification. How many stocks do you really need to diversify? The answer is probably close to 20 or 30.

I look for this fund to beat the market in good years and bad years. It has, if I'm not mistaken.

Oh well, put a couple thousand in the other day and we'll see where it goes in 20 years.

Good luck.