Active investing in publicly traded securities is an inherently competitive activity, and people are looking for an investing edge. By definition, active asset management in aggregate produces, gross of fees, the same returns as passively managed money (ignoring frictional costs […]
Contributed by FG Alpha Management Summary Rental car industry titan Hertz (NYSE:HTZ), as well as CAR Inc.’s (0699.HK) Chairman Lu, have both sold almost all of their CAR Inc. shares prior to Q1 2016. After comparing CAR Inc. to its […]
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