Intelligence

How Poker Explains the Battle Between Passive Investing and Active Management

Among the biggest trends in the world of markets is the rise of passive investing. Rather than pay high fees to active mutual fund managers who often fail to beat the market, money has been pouring into passive strategies that track major indices and charge smaller fees.

So what are the ramifications of this trend for investors who choose to remain active?

Source: Bloomberg

More: https://www.bloomberg.com/news/articles/2017-02-21/odd-lots-how-poker-explains-the-battle-between-passive-investing-and-active-management

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