The weight of articles and fund flows can make it seem like passive funds and ETFs will eventually overrun all active management. Index funds have certainly made great strides but so far are mostly focussed on the low hanging fruit of the most liquid and transparent sectors. The concept that it is very hard to beat the index after fees in large cap US equities is generally accepted. With so many fund managers and analysts covering this sector the opportunities for finding new, profitable insights is limited. However, index funds have yet to prove themselves where information is constrained and…
Passive Funds Are No Match For Skilled Active Managers
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk