“... Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance!” KindMeanMajorityInvestmentInvestingGuiltyManagersFundPassivePensionPortfoliosMalfeasance Author:Merton Miller
“As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.” WritingDecisionCompanyEconomicsBasesCustomersReportsMassachusettsPortfoliosCambridgePart TimeUndergraduate Author:Merton Miller