Active mutual fund managers (stock pickers) want you to believe their results are based on skill. I say it’s based on pure luck. Watch this video and you decide… skill or luck?
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Coaching Investment Success- Active Management vs Passive Management June 22, 2009In the world of investing there are two and only two investment philosophies-active management or passive management. Let me explain each strategy. Active management says that there are smart individuals out there that can tell you in advance how much a particular stock is worth. In fact the Wall Street marketing machine spends millions of [...]John Choi
- Active Management vs Passive Management June 22, 2009
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