Tuesday, July 28, 2015
Nouriel Roubini’s secret for beating The Market
Obviously, these choices become harder still in abnormal times, when major global changes occur and central banks follow unconventional policies. But a new, low-cost approach promises to ease the challenge confronting investors in normal and abnormal times alike.
In the asset management industry, there have traditionally been two types of investment strategies: passive and active. The passive approach includes investment in indices that track specific benchmarks, say, the S&P 500 SPX, +0.24% for the United States or an index of advanced economies or emerging-market equities. In effect, one buys the index of the market.
Read More @ http://www.marketwatch.com/story/robert-shillers-secret-for-beating-the-market-2015-07-27?mod=mw_image_twitter
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics