Active management leads to lots of poor investor behavior....
Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment.
![Barry Ritholtz Quote About Active, Chasing, Hand, Hot, Investor: Active Management Leads To Lots...](http://qt.azureedge.net/resources/quotes-images-large/active-management-leads-to-lots-of-poor-investor-behavior-it-sends-people-chasin.jpg)
Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment.