Active Quote by Barry Ritholtz

Investment performance doesn't determine real-life returns; investor behavior does.

— Nick Murray

Wealth is not determined by investment performance, but by investor behavior.

— Nick Murray

Everybody has a different strategy, but everybody agrees that active management does not beat the market.

— Tony Robbins

... the best way to own common stocks is through an index fund.

— Warren Buffett

Most investors would be better off in an index fund.

— Peter Lynch

Index investing outperforms active management year after year.

— Jim Rogers

Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to refute this…

— William Forsyth Sharpe

It is very hard, if not impossible," he wrote in his study, "to justify active management for most individual, taxable investors, if their goal…

— Mark Hulbert

Active management strategies demand uninstitutional behavior from institutions, creating a paradox that few can unravel. Establishing and maintaining an unconventional investment profile requires acceptance…

— David F. Swensen

Active management is little more than a gigantic con game.

— Ronald Ross

Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole…

— Burton Malkiel

I can't figure out why anyone invests in active management, so asking me about hedge funds is just an extreme version of the same…

— Eugene Fama

Active management is a zero-sum game before cost, and the winners have to win at the expense of the losers.

— Eugene Fama

Get inside information from the president and you will probably lose half of your money. If you get it from the chairman of the…

— Jim Rogers

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 pricing of…

— Myron Scholes