Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Vanguard: Why 'Either/Or' Is The Wrong Approach To Active Vs. Passive
FYI: Active versus passive. Active or passive. The active-passive debate. Whatever the exact words, the theme dominates portfolio construction conversations. When we look at the performance of index fund investors, however, it’s clear that “either/or” is a false premise. The behavioral reality is that there’s a place for both approaches. In fact, a better way to characterize this portfolio construction theme might be active using passive Regards, Ted https://www.fa-mag.com/news/sponsored-content--why--either-or--is-the-wrong-approach-to-active-vs--passive-34915.html?print
