Passive Investing, is it even "Investing"?

“The medium is the message” a recent quote by Bill Cara. And this rings true when one reads the work of

Michael W. Green

. If you are not a paying subscriber to “Yes, I give a fig” you are disserving yourself. If Quantum timelines are real, the best versions of you read his work.

His two latest articles are gems. Keep a close eye on his Substack for an upcoming academic paper from Michael as well.

Pay Attention to Our Privates

Thanks for the Template, Vanguard

Below is a Fox Business interview with host Charles Payne from Thursday, that gives a high level explainer to the recent article. I cannot stress enough my recommendation for the article and Michael’s work.

Here is an inconvenient truth that I share every day on the podcast show notes (only 9 companies make up 70% of the Nasdaq 100:

And below are archived articles I have shared on the topic of Passive and ironically Vanguard.

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Still Broken? More Broken? Never Broken?

Has the growth of indexing broken the market? What fundamentals are important when the market doesn’t care about value? In this fireside chat, Michael W. Green and David Einhorn of Greenlight Capital discuss the impact of indexing on fundamental stock picking and how Greenlight’s methodology has changed in recent years to meet this new reality.

(I was the chap at 54:00 who asked about the markets underperformance priced in gold. Michael has covered this topic even recently. I wasn’t shocked by David’s reply. If you listen back, he owns gold. I suspect his thoughts stemmed from the fact he has given up on the market returning to convergence to value, regardless of any denomination.)