FYI: Several years ago, I interviewed C. Thomas Howard of AthenaInvest to learn more about his firm’s unique implementation of behavioral finance. This turned out to be one of the best performing pieces of content Enterprising Investor has ever run. But it isn’t just AthenaInvest’s originality that’s so compelling, so too is its strong performance.
Howard also has an interesting pedigree as a recovering and almost lifelong finance professor turned practitioner. Recently he has focused his attention on another problem: determining whether or not active management is dead. In addition, he is dedicated to uncovering ways active managers can improve their performance — and he has the academic chops to back up his story.
Regards,
Ted
https://blogs.cfainstitute.org/investor/2016/07/26/is-active-management-dead-not-even-close/
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