Investors’ passion for indexing these days reminds us of a classic Cole Porter lyric: “Birds do it, bees do it, even educated fleas do it.” Yep, everybody, it seems, is falling in love—with index funds. Since 2010, investors have withdrawn a net sum of $500 billion from actively managed U.S. stock funds and invested that amount and more in index-tracking mutual funds and exchange-traded funds. But one of the cardinal rules of investing is that whenever everyone agrees on something, chances are high that just the opposite will occur. So could indexing be the wrong way to go? (Click Here For More...)
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