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In this episode, Larry and Darren discuss the challenges of active management versus index funds. Larry emphasizes the importance of finding undervalued companies and the pitfalls of group think and short-term performance pressure. He also discusses the historical context of indexing, the inefficiencies of market-cap weighted indexes, and the risks of leveraged ETFs.
By Larry Sarbit/Darren Coleman/Acme Podcasting CompanyIn this episode, Larry and Darren discuss the challenges of active management versus index funds. Larry emphasizes the importance of finding undervalued companies and the pitfalls of group think and short-term performance pressure. He also discusses the historical context of indexing, the inefficiencies of market-cap weighted indexes, and the risks of leveraged ETFs.