Active vs. Passive Management
Steven discusses the challenges of generating alpha in the highly efficient US market, expressing skepticism about market timing and factor overlays. While he acknowledges the allure of indexing, he emphasizes a commitment to active management, citing a history of adding value even in tough conditions. The conversation also touches on the potential of emerging markets, which present opportunities for skilled investors.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Steve Rattner – Overseeing Michael Bloomberg’s Family Office (Capital Allocators, EP.113)
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