My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the… — Myron Scholes Copy Share Image
Get inside information from the president and you will probably lose half of your money. If you get it from the chairman… — Jim Rogers Copy Share Image
Active management is a zero-sum game before cost, and the winners have to win at the expense of the losers. — Eugene Fama Copy Share Image
I can't figure out why anyone invests in active management, so asking me about hedge funds is just an extreme version of… — Eugene Fama Copy Share Image
Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as… — Burton Malkiel Copy Share Image
Active management strategies demand uninstitutional behavior from institutions, creating a paradox that few can unravel. Establishing and maintaining an unconventional investment profile… — David F. Swensen Copy Share Image
It is very hard, if not impossible," he wrote in his study, "to justify active management for most individual, taxable investors, if… — Mark Hulbert Copy Share Image
Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to… — William Forsyth Sharpe Copy Share Image
Everybody has a different strategy, but everybody agrees that active management does not beat the market. — Tony Robbins Copy Share Image
