It seems to be proven that active portfolio management on the stock market never works. Why so many people are still doing it? Is it just “because they can”, i.e. because their clients are gullible enough to pay their exorbitant fees?
Well, the debate between active and passive investment strategies is as old as the hills. Yet, active portfolio management remains a popular choice. It’s not… Read More »It seems to be proven that active portfolio management on the stock market never works. Why so many people are still doing it? Is it just “because they can”, i.e. because their clients are gullible enough to pay their exorbitant fees?
