The Rise and Fall of Performance Investing Examined
Scott Burns reviews Ellis article in Journal of Portfolio Management arguing the era of performance money management ends. He notes analysts large, markets efficient, and managers earning high fees with little edge. He compares managed funds to lottery tickets and highlights fees eroding returns versus index funds.
MENTIONED IN THIS ARTICLE
Harles Ellis
Journal of Portfolio Management
Morningstar
Mall
Somascotvene
Millennials shift away from driving is more than temporary
A Maryland PIRG Foundation Frontier Group study finds Millennials born 1983 to 2000 drive less, prefer urban living, walking or biking to work, and rely more on transit. The trend, lasting beyond economic recovery, could curb congestion and pollution, urging policymakers to support walkable neighborhoods and alternative transport options.
MENTIONED IN THIS ARTICLE
Maryland Public Interest Research Group Foundation
The
Frontier Group
United States
Maryland
Maryland Pirg
Emily Scarr
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