2008 Active Investors Passive Investors 
The Big Picture
AUGUST 20, 2024
What lase pointed out in his paper was that passive had to transact during periods in which there was index rebalancing. 00:20:33 And so in that period they ceased to be passive investors, they became active investors, and that became an opportunity for outperformance. There is no such thing as passive investing.
The Motley Fool
MAY 6, 2024
Jamie Dimon's letter this week from JP Morgan Chase also addressed that idea of how big those passive investors are and what that means for the market, what it means for things like proxy statements that all of these decisions are being made mostly automatically now versus active investors trading in and out of the market.
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