You are almost certain to beat the index in either of those ways in the long run. That is what many active bond funds do.
sounds good to me.
don't care. and nobody should.However when you do a risk factor decomposition, you realize you didn't really outperform anything on risk-adjusted basis.
Statistics: Posted by bgf — Mon Feb 02, 2026 1:02 pm — Replies 2255 — Views 492906