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Josh Brown: Bad Active Management Can’t Survive The Internet

TedTed
in The Bullpen
FYI: Before we get started, let me state for the record that I am not anti-active management.

I’m anti-expensive active management that doesn’t earn its keep and I’m against funds with embedded commissions so high that it takes an investor a huge chunk of time just to get back to breakeven. Unfortunately, there’s a ton of it out there.
Regards,
Ted
http://thereformedbroker.com/2016/04/24/bad-active-management-cant-survive-the-internet/
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