Active Management Fees
topic on 1 show · 2 statements across 2 episodes
2 statements about Active Management Fees, every show
Infrequent decision-making cannot justify active management fees in current markets
“If you're investing in making decision changes every six months or every year, that environment I just don't think works anymore if you want to get paid active management fees.”
Black: Most active managers run 100-stock portfolios to protect assets
“For the most part, managers don't do anything different to justify an active management fee. Most managers are all about protecting their assets. So they're going to run a hundred stock portfolio. They're going to buy the high quality, wide mode business selli…”