Passive Investing Is A Conscious Choice Not To Outperform
In the debate over active versus passive investing, investors should measure performance over the long term, financial advisors were told at a Morningstar investment conference in Chicago. “Passive is a conscious choice not to outperform,” said Mark Finn, who runs the T. Rowe Price Value Fund. Active managers should have a strong commitment to fundamental analysis and focus on areas where opportunities are unearthed, he said, pointing to their investment in Microsoft that they owned for multiple . . .
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