Avoid The Loser’s Game

In a recent discussion on the website of Advisor Perspectives, a widely read site for industry professionals, I was asked about the performance of active value managers. Specifically, the question was: While, overall, the evidence clearly demonstrates that active management is highly likely to underperform well-designed passively managed funds, are outcomes any different for active value managers?
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The opinions expressed by featured authors are their own and may not accurately reflect those of the BAM ALLIANCE. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice.
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