However, the real goal of any investment advisor is not to “beat the index” on the way up, but rather to protect capital on the “way down.”
Kõik mõtted: The Passive Indexing Trap
The Passive Indexing Trap vol 1
There is no such thing as passive investing. While you may be invested in an “index,” when the next bear market correction begins, and the pain of loss becomes large enough, “passive indexing” will turn into “active panic.”
