An Active Fund Manager Realises He or She Cannot Beat

question 10

True/False

An active fund manager realises he or she cannot beat the market and therefore adopts a strategy of seeking to track the market index.

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Definitions:

Infant

A very young child or baby, typically under one year of age, who is in the earliest stages of physical and cognitive development.

Conservation

The act of preserving, protecting, or restoring the natural environment, natural ecosystems, vegetation, and wildlife.

Concrete Operations

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events.

Jean Piaget

A Swiss psychologist known for his pioneering work in child development and cognitive theory.