Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
The Worst-Case Scenario For Passive Investing (Part II)
FYI: On Monday, in Part 1, I introduced the idea that the rise of indexing and ETFs, known collectively as passive investing, is damaging the market and the economy, and I started spinning out the worst-case scenario should it continue to advance, including a riskier stock market and widening income inequality. But there are other areas to worry about as well. Regards, Ted http://www.fa-mag.com/news/the-worst-case-scenario-for-passive-investing--part-ii-34461.html?print