Tag Archives: Indexing Myths

Here’s part two of the Q&A on passive investing. If you haven’t read part 1 it will be helpful to do that first since I laid out the necessary definitions and foundation for a clear discussion. I answered Marks’ first question about passive investing in the first post, but as it was running a little long I didn’t get to the next four. So let’s bang those out: Question 2: “What are the implications of passive investing for active investing?” Marks goes on to specifically ask: “what...

If you have read my 2012 essay on “The Myth of Passive Investing” then you probably don’t need or want to read what’s below.  If there’s a consistent theme on this website it’s that I am trying to establish a consistent taxonomy and set of understandings of financial concepts so that people can better navigate the monetary world we live in. Sadly, finance and economics is filled with words that are used in such a general manner that they have virtually no meaning. For instance, the word...