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Barry Ritholtz: Don't Mourn the Death Of Stock-Picking Just Yet

FYI: Depending upon which article you read, active stock management is either dying, dead or making a comeback.

The truth, as usual, is more nuanced than the headlines suggest.
Regards,
Ted
https://www.bloomberg.com/view/articles/2017-04-05/don-t-mourn-the-death-of-stock-picking-just-yet

Comments

  • Indexing depends on active management to allocate capital; thus the two are parts of an ecosystem. The question is what is the equilibrium for the two, in the sense of stable shares of the market? We're not there yet, but at some point we will be.

    Nick de Peyster
    Undervalued Stocks
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