# Professor Aswath Damodaran identifies factors that he says will result in the demise of active fund investing

1 Faculty News January 15, 2020 ![The Economic Times logo](/sites/default/files/styles/246w/public/assets/images/con_032922.jpg?itok=VCGfauqd)>

Excerpt from [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/ill-shed-no-tears-if-lazy-active-funds-die-damodaran/articleshow/73267460.cms) -- “'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](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran) said."

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