12/03/2017
Michael Mauboussin: Head of Global Financial Strategies at Credit Suisse on
How Poker Explains Passive vs Active Management
https://soundcloud.com/bloomberg-business/67-how-poker-explains-the-battle-of-passive-and-active-investing
Among the biggest trends in the world of markets is the rise of passive investing. Rather than pay high fees to active mutual fund managers (who often fail to beat the market), people are pouring mone