##  [# Hot Reads: Was 2022 Active Management’s Time to Shine?](/sections/daily-hot-reads/hot-reads-was-2022-active-managements-time-shine) 

 

# Hot Reads: Was 2022 Active Management’s Time to Shine?

 

 

 Plus, Charlie Munger calls for the U.S. to ban cryptocurrencies.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Feb 02, 2023

 Edited by: Heather Bell

 

 

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[**S&amp;P 500, Index Funds Outperformed by Stock Pickers in 2022**](https://www.bloomberg.com/news/articles/2023-02-02/s-p-500-index-funds-outperformed-by-stockpickers-in-2022?sref=MAODZZNF) (Bloomberg)  
 With less riding on slumping tech stocks such as Amazon, Tesla and Microsoft, many active fund managers finally surpassed their benchmarks in 2022.

[**Why America Should Ban Crypto (WSJ)**](https://www.wsj.com/articles/why-america-should-ban-crypto-regulation-economy-finance-china-england-trading-currency-securities-commodity-gamble-11675287477?mod=hp_opin_pos_6#cxrecs_s)  
 Berkshire’s Munger writes “it’s a gambling contract with a nearly 100% edge for the house.”

[**From Marijuana to Metaverse, Specialized ETFs Underperform**](https://www.ft.com/content/48fd0fd2-f12c-43ac-93f4-a25074fcb35f) (Financial Times)  
 New research shows investors should be wary of funds focused on specific themes or one industry.

[**Should You Buy Long-Term or Short-Term Bonds?**](https://ofdollarsanddata.com/short-term-bonds-or-long-term-bonds/) (Of Dollars &amp; Data)  
 An in-depth analysis of what different Treasury securities can offer your portfolio.

[**Taleb Says Easy Money ‘Disneyland’ Era Is Over**](https://fortune.com/2023/02/01/black-swan-author-nassim-taleb-stock-market-economy-inflation/) (Fortune)  
 The author of “The Black Swan” says it will be many years before market conditions normalize and stock valuations bottom out.

[**The Core Principles of Momentum Investing**](https://blog.validea.com/the-core-principles-of-momentum-investing/) (Validea)  
 The fact that a fundamental explanation isn’t required for momentum can make the factor difficult to follow and believe in for many investors.

[**ARK’s Wood Sticks With $1M Bitcoin Forecast**](https://www.bloomberg.com/news/articles/2023-02-01/ark-sticks-with-1-million-bitcoin-forecast-after-horror-year?sref=MAODZZNF) (Bloomberg)  
 Her forecast is roughly a 4,200% jump from Bitcoin’s current $23,000 level. The cryptocurrency rose nearly 40% in January.

[**Invesco QQQ ETF a Market-Beating Grab Bag of Big Tech Stocks**](https://www.tipranks.com/news/are-you-seeking-to-invest-in-big-tech-stocks-try-the-invesco-qqq-etf) (TipRanks)  
 Investors planning to capitalize on the lower prices of tech stocks might want to consider investing in [QQQ](https://www.etf.com/qqq).



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [Active Management](http://www.etf.com/topics/active-management) 

 [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Cannabis](http://www.etf.com/topics/cannabis) 

 [Thematics](http://www.etf.com/topics/thematic-etfs)