This popped into my email inbox on Friday night, courtesy of


For older posts on this topic, check out:

  1. Exchange Traded Funds: Where I Would Put My Savings Today
  2. The Big Active vs Passive Debate: mostly irrelevant?
  3. The Perils of Passive Investing
  4. Smart Beta? Sounds complicated. Almost certainly is.
  5. An Awkward Lack of a Feedback Loop

Rolling Alpha posts opinions on finance, economics, and the corporate life in general. Follow me on Twitter @RollingAlpha, and on Facebook at