INDEXING IS HERE TO STAY (EP.2)
The Rational Reminder Podcast
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How to Beat the Market?
If we do end up with a relatively small handful of really good active managers, now, again, if they're competing against each other, it's going to be hard to actually win consistentl. A yeh fama talked about this in the past too. Pama says, that even if indexing is a majority, as long as the remaining active managers are skilled and have good information, markets will still be efficient,. because the bad active managers are right or gone.
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