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Passive Should Never Laugh At Active: + Climbing TheWall Of Worry

TedTed
in The Bullpen
FYI: I have been meaning to write this post for quite some time. As an ex-ETF trader, I have watched with bemusement as investors have both embraced and shuddered at the wide adoption of ETFs. But most pundits are missing the larger picture. ETFs are just a symptom of the bigger phenomenon. The true battle lies in the passive versus active debate.

Let me get this out of the way right off the bat. I have no dog in this hunt. I see both the benefits and the negatives to each side. Yet as a trader, I definitely have a view on which end of the boat is leaning lopsided right now.
Regards,
Ted
http://www.themacrotourist.com/posts/2017/10/24/passive-should/
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