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Transparency Vs. ‘Tyranny Of Benchmarks’

TedTed
in The Bullpen
FYI: According to Don Schreiber Jr., passive ETFs are weapons of mass destruction.

"Passive [investing] is probably one of the most dangerous things I've seen in my 35-year career," said the founder, CEO and co-portfolio manager of the $1.8 billion WBI Investments.
According to Don Schreiber Jr., passive ETFs are weapons of mass destruction. "Passive [investing] is probably one of the most dangerous things I've seen in my 35-year career," said the founder, CEO and co-portfolio manager of the $1.8 billion WBI Investments.
Regards,
Ted
http://www.etf.com/sections/features-and-news/transparency-vs-tyranny-benchmarks?nopaging=1
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