If The Fed Continues This, "There Won't Be Any Active Managers Left In 5 Years"

[Banjo]

"there has certainly been little reward for owning high-return, superior business models that are conservatively financed

http://www.zerohedge.com/news/2015-...here-wont-be-any-active-managers-left-5-years

 

[Martinghoul]

I thought there's all sorts of evidence that active managers are generally quite sh1t. Good riddance, then, no?

 

[zdreg]

there will be a new $US worth 1000 old $US