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Passive Investing Is Worse Than… The Misuse Of Antibiotics

FYI: Renaud de Planta is the chairman of Pictet Asset Management, an active investment manager. He also thinks passive investing “could threaten the free-market economy”. These things may or may not be related.
Regards,
Ted
https://ftalphaville.ft.com/2017/05/30/2189496/passive-investing-is-worse-than-the-misuse-of-antibiotics/
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