Importance of Mutual Fund Fees: Industry Advocates Ignorant or disingenuous?

In an open letter, Dan Solin provides his views in the Huffington Post about the denial by president of major securities firm of knowledge of any research that might indicate that low-cost index funds outperform their active counterparts, suggesting that she is either “hopelessly ignorant or appallingly disingenuous”. He goes on to provide her (and readers) with a number of books, academic literature, essays, and reports that show that actively managed funds lag their comparative index funds.