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

"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