Passive investing wins again

Quick Summary:

SPIVA data shows that during 2001, 2002 and 2003, 65, 68 and 75 per cent of active managers underperformed the market in each of these “post-bubble” years.

Railroad stocks constituted much of the total market value in the early 1900s, and internet-related stocks dominated the index in the late 1900s.

More investing without regard to fundamental information will enable active managers more easily to beat the index in the future.

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Article Details

Author / Journalist: Burton Malkiel

Category: MarketsFinanceInvesting

Markets: United States

Topics: Financial Funds Indexing Cent Market’s Market Active Stock Stocks Managers Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-22 @ 05:00:51 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 869 words

Reading Time: 5 minutes read

Sentences: 46 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27233148

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 4 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 19 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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