Active vs. Passive. The Illusory Debate

Every time I read about the “active vs. passive debate” I can feel my blood pressure go up.

There is no “debate”.  The only people perpetuating this myth are those who make a living touting active management and those who don’t know the facts.

The Amazing Aggregation of Marginal Gains

This Coach Improved Every Tiny Thing by 1 Percent and Here’s What Happen

The fate of British Cycling changed one day in 2003.

Bad Times for Active Stock Pickers

Almost no active managed funds have beaten the market/their benchmarks over the past 15 years.

NYSE New Highs at Rare Levels - less than 10%

SUMMARY - in the very rare occurrence that less than 10% of NYSE stocks are making new highs, after-the-fact analysis shows these are likely markers of market bottoms. Subsequently, the broad market as followed with rebounds of 10% to 33% about 80% of the time.


We don't rise to the level of our goals, we fall to the level of our systems. -- James Clear, Author of new book 'Atomic Habits'

Thought Exercise - October Edition

Let's try to a little less wrong. How you accomplish this is up to you. Hint: it requires honesty and humility with yourself.

Different Kinds Of Smarts

“The older I get the more I realize how many kinds of smart there are. There are a lot of kinds of smart. There are a lot of kinds of stupid, too.”

– Jeff Bezos

The Happiness Equation

To say that “money isn’t everything” is more than a cliché. Studies in the early 1970s demonstrated that a sense of well-being, or happiness, had not increased commensurately with income over the previous half century.1

Incompetent but 'Amazing' People

Sound like someone we know? .... Check out this video on the Dunning-Kruger Effect



Passive Investing Demonized....again and still!

As sure as the sun rises in the east, the proponents of active management will continue to attack passive investing. The reason is simple: It threatens their livelihood. Thus, their behavior should not come as a surprise.Wall  Street has ridiculed passive investing for decades. The reason is obvious: Its profits—and for many firms, their very survival—are at stake.

Syndicate content