“It is very hard, if not impossible, to justify active management”

This article from the New York Times, “The Index Funds Win Again,” talks about a study done by Mark Kritzman, president and chief executive of Windham Capital Management of Boston, which shows once again that index funds are incredibly hard, if not impossible, to beat. I found the link at the Canadian Capitalist and couldn’t resist re-posting it here.

2 thoughts on ““It is very hard, if not impossible, to justify active management””

  1. I respectfully disagree that it is hard to justify active management. I do believe if you are talking single country large caps stocks index funds are the way you go but when it comes to mid and small cap investing and global funds a good managed fund will yield superior results.

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