Question: Most data suggests that active management does not consistently outperform passive management after fees are taken into consideration. Although, there are certain times when specific

Most data suggests that active management does not consistently outperform passive management after fees are taken into consideration. Although, there are certain times when specific sectors or stocks behave irrationally and create an opportunity for mispricing. Which strategy is best equipped to take advantage of this situation?

a passive management strategy
a core-and-satellite strategy
an active management strategy
a market timing strategy

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