Let's talk about active management

What exactly is “active management”?

There is a great deal of confusion surrounding the term “active management,” and with good reason. The phrase “active management” no longer conveys what was initially intended. 

At one point, it was contrasted with the “buy-and-hope investing strategy.” Today, “active management” conveys a brand of investing practiced by traditional mutual funds. It is contrasted with “passive investing.” Yet, in reality, there is little difference. The two have blended to the point where you cannot discern which is which. 

Continue reading more on why you should consider active management here.