Oaktree Capital co-founder Howard Marks didn’t mince words about the trillion-dollar rise of index funds, attributing the dominance of passive investing not to its inherent brilliance, but to the historic underperformance of active stock pickers.
The… [2231 chars]
Oaktree’s Howard Marks Says Passive Investing In SPY, QQQ Rose Due To This Reason: ‘Indexation Is Still B
