Is Index Investing Turning Into A Bubble? This Billion Dollar Hedge Fund Thinks So (And Has The Data To Prove It)

The popularity of index funds and ETFs has risen exponentially since the financial crisis of 2008-2009, to the point where they now overshadow their actively managed counterparts on several fronts. This craze of taking money out of active funds and putting it into index funds has been driven by the reasoning that most fund managers fail to beat their respective benchmarks and that the fees one pays to put their money into an actively managed fund eats into the returns they do achieve. The...