From Lance Roberts at RIA:
While the idea of passive indexing works while all prices are rising, the reverse is also true. The problem is that once prices begin to fall the previously “passive indexer” becomes an “active panic seller.” With the flood of money into “passive index” and “yield funds,” the tables are once again set for a dramatic and damaging ending.
Source: The Myth Of The “Passive Indexing” Revolution | RIA
June 13, 2017 at 07:29AM
from ColinTwiggs
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