Simon Gervais_Why Active Investing is Good for the Economy_Duke University's Fuqua School of Busines
Dec 07, 2023

Professor Simon Gervais says that active money managers create value by identifying the most productive firms

In 2008, Warren Buffet famously challenged money managers at a hedge fund to prove that over a long period of time they would be able to beat the returns, after fees, of a passive fund that just mirrors the overall market. Buffet won the bet. But Professor Simon Gervais of Duke University’s Fuqua School of Business, says there may... read more