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The Wall Street Journal: Don’t let the critics scare you away from passive investing

Passively managed mutual funds have attracted considerable assets in recent years, as they have consistently outperformed a majority of actively traded funds, net of fees. Backlash by active managers has been sharp, with one famed hedge-fund manager, Paul Singer, arguing that passive investing is “destructive to the growth-creating and consensus-building prospects of free market ca…
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