Passive Investment and Marxism!

We were very pleased to see someone else pointing out the potential negative societal aspects of passive investment, even going so far as to compare the phenomenon to something worse than Marxism!

This Bloomberg article highlighting commentary from investment firm Sanford C. Bernstein Co., LLC, hits the nail on the head.

Hooray! we say.  We just wish more financial industry folks would speak up on the subject.

We've been writing about it for a long time:

December 2015: "Get Out of the Market"

Stay tuned as we will keep on the topic!