Randolph Cohen - Is Active Management Still Worthwhile? Part 1 of 2

Even as passive investing continues to rise in popularity, many families struggle with the choice of active versus passive. In this podcast Harvard Business School professor Randy Cohen, a close researcher of investment returns, argues that there's no going back to the days when famous managers could 'beat' efficient public markets. However, Cohen does identify four strategies that--with patience and the right advice--families should consider in order to achieve outsized returns with a significant part of their portfolios.