Will Passive Investors Become Taleb’s Turkeys?Guest Post
Will Passive Investors Become Taleb's Turkeys? by Alex Barrow, Macro Ops
Over a third and growing quickly. That’s the share of the market that’s now comprised of blind sheep passive indexers.
That much passive money is nothing to sneeze at. Call me old-fashioned, but I was originally led to believe that the function and role of markets in a capitalist society was to direct capital to . . .
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