Here’s an interesting comment from value investor Seth Klarman on the rise of indexing (this is from 1991!): Klarman is obviously biased because he’s in the business of selling a [ … ]
Category: Indexing Myths
What If Everyone Indexed?
I see this question more and more as indexing grows in popularity. People generally think that more indexing will make the markets function less efficiently . I don’t think this [ … ]
Is Indexing Going to Eat the Financial Markets?
Indexing is the new stock picking. It is, by far, the most efficient way to obtain a low cost and diversified portfolio. So it makes sense that index funds are [ … ]
Why the Active vs Passive Debate is the Most Important Debate in Finance
With assets pouring into index funds and ETF’s and away from traditional actively managed mutual funds it has never been more important to understand the process of portfolio construction. Although [ … ]