Friday, October 14, 2016

Indexing madness presents opportunity for active managers

In the last few years, as you know, the world has gone into an indexing madness. They just put money into an index. I believe the next 10 years will allow active managers to make a lot of money because they can move from one sector to another. Now some will outperform and some will underperform, but at least they have an opportunity. If you just index, usually you will underperform the index.