Active Investor Lays Out the Advantages Over Passive

The video discusses the debate between active and passive management, highlighting the potential advantages of active management, especially in ETF form. Chris Davies shares insights on Howard Marks' views, emphasizing the importance of judgment and experience in investment. The discussion also covers the challenges and opportunities in active management, particularly in fixed income and global markets, and how market inefficiencies can benefit active managers.

Why have active bond funds been more resilient compared to actively managed equity ETFs?

What anomalies does Chris Davies mention that can benefit active management?