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Marxism Has Cornered The Junk-Bond Market

FYI: (This is a follow-up article.)

In 2016, analysts at Sanford C. Bernstein & Co. offered a powerful critique of passive investing.
Regards,
Ted
https://www.bloomberg.com/view/articles/2018-02-26/passive-investing-has-brought-marxism-to-the-junk-bond-market?srnd=etfcenter

Comments

  • Interesting. Had no idea the ETF stuff was so large a chunk. I own none--- yet.
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