What Technical Analysis Focuses On What to Ask Before and After Selecting a Stock

What the Failure of Active Managers Proves

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To be successful, active managers must consistently find mispriced securities. Thus, the failure of active money managers to perform better is hardly a negative; it is solid evidence that capital markets are functioning efficiently.
Source: http://www.investorguide.com/igu-article-995-stock-strategies-active-versus-passive-management.html