On the Institutional Investor blog Unconventional Wisdom, Paul Smith of the CFA Institute talks about the value of active management and the challenges that lie ahead to prove its worth to investors.
A New Perspective on the Active-Passive Investing Debate
He cuts to the chase in the very first paragraph, about the relative worth of passive versus active, and contends that passive strategies would not be successful without the existence of active strategies.
On the Kurtosys blog, David Prosser argues that maybe instead of thinking about active management versus passive management, it might be better to just keep assets in cash?
Does Cash Beat the Stock Market After All?
Now, if only I could find a savings account that offers a half-decent inte...