There is a reason active management has a long history of not paying off: they can get away with it.
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It stands to reason that the active virus, which when it is infecting plants will be present in both a naked and encapsulated form, should be a greater risk (if at all) than a fragment of one of its genes.
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Given the fact the Nuggets are the NBA's longest active winning streak, Karl has good reason to feel that way.
The best reason for institutions to become more active ought to be their own investment performance.
Patrick Rudden of Alliance Bernstein recently wrote that there are various reasons why some investors are skeptical of active equity managers these days, but one reason stood out.
The action in the market could slow down as we get closer to Thanksgiving, and there is no reason to press the action after two active days in the market.
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New York also has active trading in companies whose home markets are inefficient for one reason or another.
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"I think the reason people really appreciate this place is because they can be active and they can contribute and there's always something that needs doing, " Karp said.
As the New York Times reports Monday, there was an expectation at first that Romney might return to active management of Bain so he did not sever his ownership ties right away -- an additional reason why his name was not struck from documents for a while.
It turned out that it was actually quite effective at lowering cholesterol and the reason it was effective at lowering cholesterol is that it was the same, it produced the same active ingredient as one of the drugs that a major manufacturer of pharmaceuticals used.
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