Passive investment or not? That is the question

... asset class of small stocks, for the latest five-year period, 78 percent of actively managed small-cap mutual funds underperformed S&P's SmallCap 600 Index, an even worse performance than the 65 percent of actively managed large-cap funds that ...

http://www.dailyrepublic.com/news/business-local/passive-investment-or-not-that-is-the-question/