Passive Investing is OK Copy

While passive investing is not perfect by any means, it does allow markets to work for the investors and at the lowest cost.  The requirement for successful active investing is being able to select (and exit) the next winning manager, to choose the right investment style, and to be able to make some correct timing calls about when to do this and when to change, and all of this at a higher cost that mostly benefits the asset manager.  The reality is that for most active investors, the challenge is for their returns to be able to keep up with the market after expenses.