Jack Bogle Quote - Is There a Free Writer Capabilities?

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Ben Hunt: The key insight behind indexing is that there's a free writer capability. He says if the under participants are no longer capable of setting prices or being compensated adequately to engage in that activity, it's a variation wat's called the grosseman stiglet's paradox. Ben hunt: Prices aren't set by how much you pay me. Prices are set by howmuch capital i can deploys.

In this episode of Infinite Loops we spoke with Michael Green, Partner & Chief Strategist at Logica Capital Advisers. In a wide-ranging discussion that could have lasted the rest of the day, we covered:

The passive narrative, and its impact on market structure.
Vanguard and Blackrock’s lobbying efforts.
Target Date Funds and their increasing dominance.
COVID-19 and the government’s response.
The power of language.
Michael’s recent paper: Policy in a World of Pandemics, Social Media, and Passive Investing (linked below)

And much more. You can find Michael’s paper here: https://www.logicafunds.com/policy-in-a-world-of-pandemics