Karl Walenda was the undisputed king of the tightrope. As the Flying Walendas, he and his family performed their high wire act as featured stars of The Ringling Brothers and Barnum & Bailey Circus. And to the thrill of audiences everywhere, they performed without a net.1 It’s impossible to perform perfectly every day. The Wallendas came… Continue reading The Active Manager’s High Wire Act
Tag: Active Management
Active Managers Underperform Index Funds for the Ninth Year In a Row
Because the global stock market is far more complex than anyone can imagine, it’s easy to come up with investing theories that sound entirely reasonable, but simply don’t describe reality. One of those theories is that a fund manager or research team can consistently outperform a benchmark index using stock selection, sector rotation and/or market… Continue reading Active Managers Underperform Index Funds for the Ninth Year In a Row