Senior ETF Analyst for @Bloomberg. Dad. Rutgers grad. Gen X-er. Author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Co-host of Trillions & ETF IQ.
Investors went from dating active managers to marrying index funds. So they feel secure but bored. This is why hot sauce has become so popular to spice things up things while you wait 30 years for compounding to do its magic. Once you lock into this concept, all the flows and launches make much more sense.
A portfolio can be both sensible and fun. @EricBalchunas explains how low-cost index funds can anchor the sensible part while a little room for speculation keeps investors from tinkering with that foundation.
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