Passive investing’s rise hasn’t ruined the stock market, says Jeremy Grantham’s GMO
The rise in passive investing marks one of the stock market’s “most profound changes” ever, but its popularity hasn’t ruined it, according to analysis from Jeremy Grantham’s GMO.
The rise in passive investing marks one of the stock market’s “most profound changes” ever, but its popularity hasn’t ruined it, according to analysis from Jeremy Grantham’s GMO.
