Swedroe: Active Loser’s Game Also A Trap

In Love With A Loser’s Game

One of the greatest frustrations for me, and one of the great anomalies in finance, is that, given the overwhelming amount of evidence against active management and in favor of passive investing, a majority of investors keep playing a loser’s game. I offer four explanations for this phenomenon.

Read the full article at etf.com right here: Swedroe: Active Loser’s Game Also A Trap

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