I'm surprised they didn't talk about fees and the fact that the index funds still beat 60 % of active mutual fund managers. (allfinancialmatters.com)
This is the management style that became popular in the 1990's because most active mutual fund managers under performed market indices. (arborinvestmentplanner.com)
This process is similar to the approach that many active mutual fund managers take with credit research on corporate bonds. (blackrockblog.com)