In this article fellow BAM Alliance member and Director of Research, Larry Swedroe, reports on 15-years of Active versus Passive investment strategies.
As has been proven over and over, passively managed mutual funds out-perform their actively managed counterparts.
The public (individual investors) seem to be getting this message as mutual fund managers like index giant Vanguard and evidence based (passive asset class) Dimensional Fund Advisors continue to have record setting inflows of money.
In fact, Dimensional just hit $500 Billion under management!
To read the article in its entirety, click the link below.