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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: BGR who wrote (79297)4/11/2000 12:26:00 PM
From: Michael Bakunin  Respond to of 132070
 
Bukun -

I appreciate your respect for peer review. I'm willing to restrict references to peer-reviewed work. Alas, that excludes both _Capital Ideas_ and _Active..Management_.

Regarding Tiger, I reacted to your misplaced certitude in the face of insufficient data. Cf #reply-13352524

In re: risk, I'm still waiting for your view, or a reference to a work with which you concur. Distrust of active managers hardly equates to risk analysis or control.

In re: active performance, then non-peer reviewed claptrap to which I pointed you contains an analysis. The morass of underperforming fund managers covers fees (!), once you control for gross factor bets -- a highly improbable result under the theory you espouse.

Wondering why an indexer wouldn't index the world,

-mb