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KPMG survey reveals the impact of technology
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Howard Marks: Computers Won’t Replace the Best Investors

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In his recent memo entitled, “Investing Without People” Oaktree co-founder Howard Marks argues that passive and quantitative investing will all help keep markets efficient and reduce costs for investors. This according to an article in The Wall Street Journal. But while active managers have underperformed their benchmarks for years while charging high fees to investors, [...]