Clarification

Yesterday I talked about what I deemed to be some rather harsh and somewhat insulting comments coming from the passive investing camp and being directed toward those who have a different opinion of how to invest. While I agree with the idea of being more passive and using indexes (which we do in practice), I – like many others – have grown increasingly perturbed at the level of discourse between the disciplines, particularly online.

But in my plea to the passive indexing authorities, I used a very unfortunate metaphor in comparing their rigidity and fundamentalist ideology to that of the Taliban. After speaking with some friends, it had occurred to me that I was essentially doing the exact thing that I was asking others not to – inadvertently insulting others to get a point across.

The metaphor is not an apt description of the passive investing writers, whom I had mentioned I had a lot of respect for. I wish I had made my same points but without having used it.

Dan Solin does a lot of good and saves the people who read his views from making big mistakes with their retirement investing. The only negative I meant to convey is that sometimes his points are made at the expense of others – people who do their best but may disagree with the passive philosophy.

I wanted to clarify that and apologize specifically to Dan, whose message I agree with even if I don’t always like the way he chooses to present it. I should have drawn a different comparison if my aim was to engender a more harmonious discussion. My clunky metaphor may have accomplished the exact opposite effect and for that I’m sorry.

 

 

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Fendi commented on Aug 28

    Fendi

    […]we came across a cool website that you just may well love. Take a search in case you want[…]

  2. Chloe commented on Aug 28

    Chloe

    […]very handful of internet websites that happen to be in depth beneath, from our point of view are undoubtedly well worth checking out[…]

  3. Celine commented on Aug 28

    Celine

    […]Every after inside a whilst we decide on blogs that we study. Listed below would be the most current web sites that we opt for […]

  4. increase online traffic commented on Aug 29

    increase online traffic

    […]Wonderful story, reckoned we could combine a few unrelated data, nevertheless actually worth taking a search, whoa did one particular learn about Mid East has got a lot more problerms as well […]

  5. خرید vpn commented on Aug 31

    vpn ایفون

    Greetings from Colorado! I’m bored to loss of life at operate so I made a decision to look through your site on my apple iphone during lunch crack. I truly like the information you give right here and cannot wait around to just take a look when I get h…

  6. 123klussers.nl/stappenplannen commented on Aug 31

    123klussers.nl/stappenplannen

    […]below you’ll come across the link to some sites that we assume you should visit[…]

  7. make a willy commented on Sep 02

    make a willy

    […]usually posts some pretty exciting stuff like this. If you’re new to this site[…]

  8. tiket pesawat commented on Sep 04

    tiket pesawat

    […]Here are a few of the web pages we advise for our visitors[…]

  9. sex balls commented on Sep 05

    sex balls

    […]we prefer to honor numerous other world wide web sites around the internet, even when they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  10. Diccionario básico Español-Maya commented on Sep 06

    Diccionario básico Español-Maya

    […]very couple of sites that transpire to become in depth below, from our point of view are undoubtedly effectively worth checking out[…]

  11. خرید vpn commented on Sep 06

    vpn ایفون

    Hi there just wanted to give you a short heads up and enable you know a few of the photographs aren’t loading accurately. I’m not positive why but I feel its a linking situation. I have tried it in two various internet browsers and equally present the…

  12. خرید وی پی ان commented on Sep 07

    vpn ایفون

    Right here are numerous of the net internet sites we advise for our visitors

  13. خرید فیلترشکن commented on Sep 10

    vpn ایفون

    Really when an individual does not be conscious of afterward its up to other viewers that they will support, so here it takes place.

  14. سکس خارجی commented on Sep 11

    سکس خارجی

    […]here are some hyperlinks to sites that we link to due to the fact we consider they may be worth visiting[…]