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Mike is Senior Vice President of Research and a member of Fisher Investments’ five-person Investment Policy Committee. He is the author of six books, including 20/20 Money: See the Markets Clearly, Gain Focus and Invest Better than the Pros. Mike joined the firm in 2002.
Most active managers' long-term history doesn't compare favorably to broad market indexes -- a fact the media notes ad nauseum in its celebration of passive's "rise."
Heinz Kurz's Economic Thought: A Brief History is the latest attempt to communicate the history of economics to laypeople but like its predecessors, it leaves much to be desired.
