by Jason Apollo Voss | 16 02 2016 | Alpha Wounds, Best of the Blog, Blog
I apologize for the intervening gap between my last Alpha Wounds post about the active quality of passive investment management and this one. Given the length of the wait, let me dive straight into the discussion. This month I want to highlight the advancement of...
by Jason Apollo Voss | 03 11 2015 | Alpha Wounds, Best of the Blog, Blog
Alpha wounds are decisions made by the investment industry that hurt active investment managers. It is my belief that there is still plenty of alpha left to be harvested by discerning research analysts and portfolio managers. So far I have discussed the deleterious...
by Jason Apollo Voss | 22 09 2015 | Alpha Wounds, Best of the Blog, Blog
For the last several months, I have discussed reasons why active investment managers underperform their passive investment manager competition. Alpha wounds discussed so far include navigating toward benchmarks instead of away from them — shame on you active managers!...
by Jason Apollo Voss | 02 09 2015 | Alpha Wounds, Best of the Blog, Blog
Active management has taken a lot of body blows recently. The principal criticism: Active managers contribute no alpha once their fees are factored in. So is it time to write active management’s obituary? Not quite. But active management certainly is feeling...
by Jason Apollo Voss | 28 08 2015 | Best of the Blog, Blog
One of the biggest challenges for investors is managing money well in a bear market. Are markets going to go down further? Are they going to rebound? Most importantly, what do I do? Here are several tips to make it easier to manage money during a downturn. Tax...
by Jason Apollo Voss | 28 07 2015 | Alpha Wounds, Best of the Blog, Blog
Active management is under siege from many corners, including passive investment advocates, robo-advisers, academics, and individual investors. The narrative, of course, is that active managers add no alpha after fees. Is active management dead? Hardly. But active...