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Passive Management: An Opinion

8 hours ago ago from ITA Wealth Management

Harold Evensky, in his book, Wealth Management: The Financial Advisor's Guide to Investing and Managing Client Assets provides one of the better discussions of passive and active management.  Permit me to quote extensively from this book. On the one hand, the arguments in favor of passive management seem far to compelling to ignore.  On the other hand, there are a number of problems associated with passive management (at least from the ...

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