Premium Only Content
Elon Musk and Cathie Wood slam Passive Investing and ETFs: Passive Investing has "gone too far"
Elon Musk, Cathie Wood and Marc Andreeson have criticized passive investing. This started with Marc Andreeson noting that passive fund managers often vote their shares contrary to shareholders' best interests (often acting ultra vires, potentially promoting "ESG" initiatives that might promote their own social views, but not maximize shareholder wealth). Elon Musk then noted that passive investing has gone "too far" and that if everyone is a 'passive investor' then, ironically, arbitrageurs will no longer force shares to converge towards their true value. Cathie Wood then notes that if one invested in a S&P 500 index, then one would not have invested in Tesla in its early stages.
I also evaluate whether their comments about passive investing and ETFs make sense. This includes whether ETFs are a "good" investment (or whath one would consider when evaluating ETFs).
*Check out my substack: https://financemark.substack.com/
* Skillshare: Get a month of free access: https://www.skillshare.com/r/profile/Professor-Mark/657649567?gr_tch_ref=on&gr_trp=on
* Sharesight: Get a month free and a free trial: https://www.sharesight.com/financemark
Support this channel =) https://sydneyfinanceacademy.teachable.com/p/investment-academy
Books
* Investment Valuation: https://amzn.to/2LUwYQW
* Venture Capital & Private Equity: [US] https://amzn.to/3l1oTvs . [AU] https://amzn.to/3pMyHfB
* Regression Handbook & Econometrics: https://amzn.to/3v22Asg
Time stamps
* 0:00 Introduction
* 0:35 Elon Musk, Cathie Wood, and Marc Andreeson tweets on passive investing, ESG, and ETFs
* 11:05 Are they correct about passive investing?
* 14:04 Active Investing is not great for everyone...
* 16:05 Overall thoughts
#ETF #PassiveInvesting #Investing
-
55:02
Bek Lover Podcast
16 hours agoAl Qaeda Take Over of Syria Backed by US & Israel? More Strange News...
2.99K2 -
4:04:32
Alex Zedra
7 hours agoLIVE! New Scary Game w/ Heather
110K3 -
49:19
barstoolsports
11 hours agoThe Game is Officially On | Surviving Barstool S4 Ep. 5
116K1 -
4:33:30
BSparksGaming
7 hours agoYou're Next FAVORITE Rumble Streamer! Hump Day BO6 Grind! #RumbleTakeover
33.2K2 -
3:22:22
Pepkilla
8 hours agoCan we get to Silver II on ranked toniiiight ~
26.8K1 -
5:00:49
Drew Hernandez
8 hours agoPROJECT BLUE BEAM OR IRANIAN DRONES?
45.9K30 -
1:42:58
Kim Iversen
11 hours agoEvacuating My Christian Family from Al-Qaeda-Controlled Syria: Kevork Almassian | Trump To End Birthright Citizenship? Jamarl Thomas
138K56 -
33:31
Stephen Gardner
8 hours ago🔴JUST IN: DA Alvin Braggs THREATENS Trump | Canada Justin Trudeau OFFENDS Americans!
74.7K175 -
2:25:09
Barry Cunningham
9 hours agoThe Evening News: Chris Wray Resignation Has Media In FREAKOUY Mode!
81.8K27 -
1:49:35
I_Came_With_Fire_Podcast
12 hours agoNEW JERSEY UAP/DRONES—What are they!?
32.8K9