Don't Bet on Luck, Active Management Underperforms

July 31, 2013   |   July 2013 Bond Updates
Trying to pick the next manager to get hot is not investing. It's gambling, and the odds are heavily stacked against you. There is no substitute for good due diligence.

View more at: http://www.forbes.com/sites/greatspeculations/2013/07/31/dont-bet-on-luck-active-management-underperforms/
 
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