Those who believe in active management make the additional assumption that manager judgment can add significant value over time.

FORBES: Rethinking Long-Only Equity

The PML's Sharif, of course, is also incarcerated, and among other things, faces judgment on additional charges of tax evasion and concealing assets in a few weeks.

CNN: Bogged Down By Endless Troubles

Bear in mind also, that illegally releasing them (and revealing a criminal conspiracy) after securing them clandestinely from a mole would be a judgment based on whether five additional years of returns showed anything (like new, unknown tax shelters, little or no taxes paid for 2009 or 2010 due to write downs after the 2008 crash, etc.) that could significantly influence the election.

FORBES: Romney's Tax Returns Allegedly Held For Ransom

"In a serious lapse of my own and professional judgment and ethics, I solicited and received additional materials directly from the Heartland Institute under someone else's name, " he wrote.

BBC: Confessions of a climate gate-opener

In periodic attempts to convince credulous pro-Israel writers that she doesn't actually support invading Israel, Power has claimed that her statements calling for just such an invasion and additional remarks in which she blamed American Jews for US support of Israel were inexplicable lapses of judgment.

CENTERFORSECURITYPOLICY: Obama's altruistic foreign policy