Tag Archives: passive investing
On smart beta
A bit of perspective on a buzzword. The prompt The Axioma Quant Forum in London included a discussion of smart beta. I took two highlights from it: a point of view and a question. The point of view was stated by Gerben de Zwart: “Smart beta seems like a replay of simple quant strategies of the … Continue reading
What does ‘passive investing’ really mean?
We know the words but what do they mean? Some definitions Here are some definitions of “passive investment management”. Investopedia says: A style of management associated with mutual and exchange-traded funds (ETF) where a fund’s portfolio mirrors a market index. Wikipedia says: Passive management (also called passive investing) is a financial strategy in which an investor (or … Continue reading
Freeloading turnstile jumpers
What would happen if I jumped the turnstile at my local tube station? Well okay, duck under in my case. Best case: people glare at me like I’m scum. Worst case: I’m thrown back out and have to pay a fine (and there are even more glares). It would be perhaps three to five dollars … Continue reading
