3min chapter

The Security Analysis Podcast cover image

Geoff Saab: Low Risk Investing

The Security Analysis Podcast

CHAPTER

The Downsides of Passive Investing

I think that for the vast majority of people indexing is a great solution. I talk in the book about crappy indices and how they really kind of when you've got a smaller index that becomes more concentrated in one company or one sector. Now we're playing a momentum game on the biggest companies in the benchmark. And I look at Canada where Shopify would have been your number one holding in the last couple of years if you bought the index here. So I think that sometimes investing success isn't just about what you own, it's what you don't own.

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