Buy Low, Sell High? Not In The Robotic World Of Indexed Investing

Indexed investing has grown many trillions of dollars since the time of its innovation in the 1970s by Vanguard’s Jack Bogle.

ETFs, termed the ‘kissing cousins’ of the mainline index vehicles by David M Hay of Evergreen Virtual Advisor (EVA), have grown from nothing to over 1300 funds.

Both these vehicles have become indispensible to the retail investor’s repertoire, but are, in essence, a form of ‘parasitic’ and brainless investing that were initially conceived as references or replica funds, operating to serve the purpose of a limited set of investors interested in this niche.

Indexed investing: The rise and rise of indexed funds and ETFs

Instead, these vehicles have become gargantuan strategies unto themselves,...