Active Quote by Barry Ritholtz

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

— Tony Robbins

Active investment is a zero-sum game. Passive managers don't play the game. They buy something resembling the market as a whole, or some segment…

— Eugene Fama

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

The problem that people don't understand is that active managers, almost by definition, have to be poorly diversified. Otherwise, they're not really active. They…

— 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

I'm a passive investor. There are people who are very aggressive; they try to buy companies.

— Walter Schloss

With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when it has…

— John C. Bogle

Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about…

— Barry Ritholtz

Active management is little more than a gigantic con game.

— Ronald Ross

We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a…

— John C. Bogle

The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group…

— Warren Buffett

The trick of successful investors is to sell when they want to, not when they have to.

— Seth Klarman