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?:abstract
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Volatility is unnerving, and the current COVID-19 crisis has certainly put many advisers to the test while many work to do right by investors, compound capital, and protect purchasing power in the face of maximum uncertainty Most are applying all of the past lessons-learned to a scenario one has never experienced before, and no one knows what will happen That said, times like these serve as a catalyst to check in, rebalance, and reallocate portfolios, so it is a good time to revisit the discussion on active versus passive, noting there is a broad spectrum of approaches that escape this simple bifurcation of investment ideologies Market dislocations can present tactical opportunities, but many will only know with the benefit of hindsight which moves pay off, and which don\'t
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