Sunday, April 5, 2015

Active investing has nothing to do with beating the market

"If you hold (as I do) that investing is just one of many human activities—then just like those other activities, we have no choice other than to be active participants. The decisions of where you will invest your money, and within that choice what kind of strategy you will employ, also require active decisionmaking."

I think that the active/passive discussion requires some re-framing and this is my latest effort.  From the April edition of Research Magazine.

The Real Point of Active Investing