Our readingWhat is a korrent?
Active investing collectively drags down portfolio returns, and the evidence leaves almost no counter-argument.
Drawn from what Aswath Damodaran said
What this subject means
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
In the views oninvestingunder our view: Whether markets have grown more efficient or less is itself disputed