Urbanization going astray

Urbanization going astray

New buildings in Huaxian county, Henan province. Urbanization will play an active role in keeping the country’s investment and rowth stable. Wang Zirui / For China Daily According to the latest official data, the number of new urban zones constructed and planned by local governments exceeded 3,500 by the end of May. That is almost two…

Michael Mauboussin: Here’s what active managers can do

michael mauboussin, Credit Suisse, valuation and portfolio positioning, capital markets theory, competitive strategy analysis, decision making, skill versus luck, value investing, Legg Mason, The Success Equation, Think Twice: Harnessing the Power of Counterintuition, analysts, behavioral finance, More Than You Know: Finding Financial Wisdom in Unconventional Places, academics , valuewalkThe debate over active versus passive management continues as trends show the ongoing shift from active into passive funds. Q2 2020 hedge fund letters, conferences and more At the Morningstar Investment Conference, Michael Mauboussin of Counterpoint Global argued that the rise of index funds has made it more difficult to be an active manager. Drawing Read More