Active Versus Passive - Is This the Time for Active to Outperform?

I think holding period should be a function of where your personal skill set is. If your skill is in short term trading, I would never advocate the Kim Griffin take up the idea of my cycle investing. He's doing the rest of us a huge favor by trying to scalp a fraction of a penny off of every trade you make. It gives you great liquidity. And so focus on what you're good at. I'm focused on long term. Rob are not an update on active versus passive, please. Active managers, the passive managers own the market. That means that if you take them out of the equation, what you're left with is that same portfolio. The active manager can win