Radio Website Header-Waves 6 3.0.jpg
Play Live Radio
Next Up:
Available On Air Stations

Active vs. Passive Investing

South Carolina Business Review logo

The question of whether an actively-managed portfolio can outperform an index-based or passively-managed portfolio is an age-old debate.  And while the use of passive investment strategies have grown significantly over the past 10 years, our next guest says that the death of active investment management is greatly exaggerated.

Mike Switzer interviews Robert Taylor, a chartered financial analyst with BB&T Wealth in Greenville, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.