Welp…

CNBC:

Despite factors that might otherwise suggest a good year for stock pickers, the early returns are not encouraging.

Through the first two months of 2016, just 28 percent of large-cap mutual fund managers are beating their benchmarks, according to a Goldman Sachs analysis. Worse yet, only 1 percent are showing a profit in what has been a tough year for the market.

With volatility and a breakdown in correlation expected, many on Wall Street anticipated this would be a good year for active management. However, 2016 is looking a lot like 2015, when only about 27 percent of active managers outperformed.

I know 2014 was supposed to be the time. And then 2015 was going to be it.

Perhaps next year. It’s right around the corner.

Source: