RT Journal Article SR Electronic T1 Transcending the Active/Passive Debate JF The Journal of Investing FD Institutional Investor Journals SP 74 OP 82 DO 10.3905/joi.2003.319570 VO 12 IS 4 A1 Dylan B. Minor YR 2003 UL https://pm-research.com/content/12/4/74.abstract AB The author reexamines a recent study on active versus passive management. Exposure of some common logical and mathematical errors makes a conclusion in the whole active/passive debate too close to call. Newer frontiers offer the promise of greater risk-adjusted performance than either active or passive management could ever offer on its own. Ironically, investors most likely to beat their index have perhaps the greatest need of all for passive management—albeit with a twist.