For lack of a better term, those who justifiably turned away from active investing ended up being thought of as passive investors, i.e., the opposite of active investors. Personally, we prefer the term “evidence-based investing” as more descriptive.
Read MoreFinancial giants like Goldman Sachs and Wells Fargo don’t pay out billions in bonuses every year by selling simple index funds with expense ratios of 0.10% or less.
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