The Resilience of ETFs in Financial Crises

This chapter explores the multifaceted nature of a key figure in the finance industry and the surprising resilience of ETFs during major financial disruptions, particularly in March 2020. The speakers argue against criticisms of passive investing, highlighting how ETFs not only survived crises but also played a vital role in stabilizing the financial system. Additionally, the chapter discusses the global adoption of index funds, the challenges faced in their promotion, and the significant impact these financial innovations have had on personal savings.