Blog post by Aswath Damodaran :
Active Investing: Rest in Peace or Resurgent Force?
http://aswathdamodaran.blogspot.com/Good post with the usual conclusions: active can't beat passive in aggregate; some will, but you don't know who; there's a shakeup underway in the investment industry.
Last line:
"In short, if you don’t like markets and don’t enjoy the process of investing, my advice is that you put your money in index funds and spend your time on things that you truly enjoy doing!"
