Wall Street Secret #714: Why Active Investing Underperforms
Money Tree Investing
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Why Active Managers Underperform
The S&P 500 was down 18 percent and the NASDAQ was down 37 percent because nobody wanted to own growth stocks anymore. The Federal Reserve was killing them with higher interest rates, right? So I agree with everything you're saying. And I will say, one of my frustrations sometimes is whether you're a money manager using ETFs or an advisor like me or whatever it is,. You're at the mercy of these index companies and the firms that run theETFs.
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