What Are We Paying Indexers For Being Passive? Part 2
In this segment, I argue that passive index creates index zombies that survive because of relatively guaranteed demand for their stock from indexers. I also hypothesize that indexing reduces the production of value relevant information to price stocks by active investors
In this segment, I argue that passive index creates index zombies that survive because of relatively guaranteed demand for their stock from indexers. I also hypothesize that indexing reduces the production of value relevant information to price stocks by active investors
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