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passive management

It Might Just be the Time to Embrace Passive Management for Good

Chicago Booth’s Eugene F. Fama, Robert R. McCormick Distinguished Service Professor of Finance, weighs in on market efficiency, active management, and corporate governance, among other topics, and explains why investors shouldn’t buy hedge funds. He touches upon topics like, efficient markets, active versus passive investing, market structure, corporate governance, proposals for transaction taxes, private equity, changes in academic finance, and more.

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