Is Active Management Still Worthwhile? Part 1 of 2
Even as passive investing continues to rise in popularity, many families struggle with the choice of active versus passive. In this podcast Harvard Business School professor Randy Cohen, a close researcher of investment returns, argues that there’s no going back to the days when famous managers could ‘beat’ efficient public markets. However, Cohen does identify four strategies that–with patience and the right advice–families should consider in order to achieve outsized returns with a significant part of their portfolios.