ACTIVE MANAGEMENT: “The report of my death was an exaggeration”

After a decade of steadily increasing valuations, even a reasonable observer might have forgotten how hard it is to beat the market. Investors have, quite simply, enjoyed the longest running bull market on record. So, too, have mutual funds and exchange-traded funds designed to track the indexes. By all accounts, these passive approaches have provided just what they promised: Market-like returns with low fees.

2020-07-29T22:32:51-06:00March 31st, 2020|
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