The first half of 2016 was quite a wild ride. Markets kicked off the year with their worst start in history. Then, after bottoming out on February 11 they rebounded strongly, with the S&P 500 rallying nearly 20% off the lows. This type of volatile market is what stock pickers and market timers dream about. The extreme highs and lows provide opportunities for opportunistic buying and selling--the perfect environment for the most competitive managers on Wall Street. As we review performance ... [Continue Reading]
Articles and resources related to Active Management.
Scan the financial headlines and each day you can find plenty of press on supposed stock market prophets who have found "under-priced" stocks and have taken advantage of them. Anyone who has a career as a stock picker thinks they can do this, and everyone wonders why they can't be the next Warren Buffett. As pointed out in this article, an important fact to consider is that just 4% of actively managed stock funds outperformed the S&P 500 in each of the past four years. In “Can You Pick the ... [Continue Reading]