Image source Universal Studios via Wikipedia I often feel like the financial markets are crumbling around me. It’s not their price levels that trouble me, but their health. The capital markets are a tremendous boon to humanity. However, intrusive central bank and government policies seem to increasingly strangle the golden geese of capitalism and free..
Tag: Michael Mauboussin
Image by Rui Russo from Pixabay I recently joined Dan Proft on The Dan Proft Show for a short interview to discuss my article COVID-19 Catalyst For An Easy Game Against Passive Investing. My segment is below. The full-length show can be found here. If you enjoyed this article please consider sharing it with others.
Image by Free-Photos from Pixabay Passive investing has eaten active management’s lunch for decades. Its market share has grown steadily, capturing disproportionate amounts of inflows and allocation changes. Backed by scores of academic research, passive investing is pitched as a way to earn market returns with drastically lower fees. Why pay up for active managers..