Monday 30 June 2014
Wednesday 25 June 2014
Tuesday 24 June 2014
Vanguard: Has indexing gotten too big?
Key highlights
- Even if a majority of investors indexed, the zero-sum game dynamic would still be intact and active investors would still determine market prices.
- The profit motive drives investors to take risks, and it is a powerful catalyst for market efficiency.
- Stock correlations are not good indicators of whether a market is favorable for active strategies.
Tuesday 17 June 2014
Friday 13 June 2014
Monday 9 June 2014
Friday 6 June 2014
Thursday 5 June 2014
Wednesday 4 June 2014
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