Active Investing Got Even Harder In 2016: Morgan Stanley

Active investing takes a knack for telling the future and especially a remarkable ability to be right a great deal of the time. This is why respected billionaire Warren Buffett has earned the nickname Oracle of Omaha: because of his uncanny ability to accurately guess what is going to happen. And as hard as it is to guess correctly over the course of a year, it becomes much more difficult to make accurate predictions over a span of several years. And what if you cram four years into one? If last year made you feel four years older instead of…