Notice of Retraction

May 2007
Journal of Financial Planning;May2007, Vol. 20 Issue 5, p17
Academic Journal
The article reports that the "Journal of Financial Planning" is officially retracting a story in the October 2005 issue entitled "Passive Investing: The Emperor Exposed?" The article, which was written by Christopher Carosa, questioned the accuracy of the idea that actively managed portfolios typically underperform the market. A formal challenge of the article revealed that proprietary data used to support these conclusions could not be recreated or validated, leading the Financial Planning Association staff to retract it.


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