Growth Investing – Active vs. Passive

Is active investing skill or just more risk taking?  That’s the question New York money manager Gregg Fisher asks in the Forbes article How to Profit When Efficient Markets Are Driven By Inefficient People.

Fisher takes a look at momentum investing as a key investment factor and suggests that most investors could benefit from tilting a portion of their portfolio to this approach.  The benchmarks used in Fisher’s study include the Russell 2000 Growth Index (IWO) for small cap and the Russell 1000 Growth Index (IWF) for large cap.

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