[专题系列] 主动投资与被动投资（active vs. passive），到底哪个更厉害？（免费！）

楼主好人啊

the Size of the Active Management Industry, Pastor and Stambaugh, 2012
Luck versus Skill in the Cross-Section of Mutual Fund Returns, Fama and French, The Journal of Finance, 2010
The Case for Passive Indexing, Aswath Damodaran, NYU, 201

and Skill in Active Management, Pastor, Stambaugh, and Taylor, 2013
A Case for Index Fund Portfolio, Richard Ferri, 2013
On the Size of the Active Management Industry, Pastor and Stambaugh, 2012
Luck versus Skill in the Cross-Section of Mutual Fund Returns, Fama and French, The Journal of Finance, 2010
The Case for Passive Indexing, Aswath Damodaran, NYU, 2010
Do Mutual Funds Time the Market? Evidence from Portfolio Holdings, Jiang et al, Journal of Financial Economics, 2007
Reflections on the Efficient Market Hypothesis, Malkiel, 2

l Funds Time the Market? Evidence from Portfolio Holdings, Jiang et al, Journal of Financial Economics, 2007
Reflections on the Efficient Market Hypothesis, Malkiel, 2005
Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization, Chen et al, American Economic Review, 2004
Passive Investment Strategies and Efficient Markets, Malkiel, 2003
Mutual Fund Performance: An Empirical Decompo

谢谢楼主 好东西

楼主好伟大，谢谢分享

好文，多谢楼主

多谢楼主 学习了 非常需要附件的资料 感谢

谢谢，非常好的东西

Thanks for sharing！