Faculty News
Professor Aswath Damodaran identifies factors that he says will result in the demise of active fund investing
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Excerpt from The Economic Times -- “'Death of active fund investing is long overdue. It is getting exactly what it deserves. For the most part, it is lazy and inefficient. I will shed no tears for active portfolio managers who get wiped out by ETFs and index funds, because many of them deserve to be wiped out,' he said."
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