Clarification

Posted by

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. خرید vpn commented on Jan 26

    خرید vpn

    Hi would you brain allowing me know which webhost you are making use of? I have loaded your website in three totally diverse browsers and I must say this site hundreds a lot more quickly then most. Can you recommend a excellent web hosting company at a…

  2. vpn kerio خرید آنلاین commented on Jan 26

    خرید کریو

    When I originally commented I clicked the “Notify me when new feedback are added” checkbox and now every time a remark is added I get three e-mail with the exact same comment. Is there any way you can take away me from that provider? Thank you!

  3. تبلیغات در گوگل commented on Jan 26

    تبلیغات در گوگل

    Fairly! This has been a actually wonderful article. Thanks for supplying this info.

  4. خرید وی پی ان commented on Jan 27

    خرید vpn

    Hey, I consider your website might be getting browser compatibility concerns. When I seem at your weblog in Chrome, it appears good but when opening in Web Explorer, it has some overlapping. I just needed to give you a rapid heads up! Other then that,…

  5. کولر صنعتی commented on Jan 27

    خرید کولر صنعتی

    Here are a number of of the web internet sites we advise for our guests

  6. تبلیغ در گوگل commented on Jan 27

    تبلیغات در گوگل

    I do not know if it is just me or if perhaps everyone else encountering issues with your internet site. It seems as if some of the composed textual content in your posts are running off the display screen. Can any individual else please remark and enab…

  7. خرید vpn commented on Jan 27

    خرید کریو

    right here are some backlinks to internet web pages that we hyperlink to because we come to feel they’re truly really worth visiting

  8. خرید وی پی ان commented on Jan 27

    خرید vpn

    I’m truly loving the concept/style of your internet web site. Do you ever operate into any web browser compatibility issues? A little number of my weblog audience have complained about my website not doing work appropriately in Explorer but seems great…

  9. Rbxforums commented on Jan 28

    Rbxforums

    […]Sites of interest we have a link to[…]

  10. Public Law solicitors in London commented on Jan 28

    Public Law solicitors in London

    […]just beneath, are a lot of totally not connected web-sites to ours, however, they are certainly worth going over[…]

  13. خرید اکانت vpn commented on Jan 29

    خرید vpn

    Thanks once again for the blog submit.Truly thank you! Fantastic.

  14. کولر صنعتی مشهد commented on Jan 30

    خرید کولر صنعتی

    Greetings from Florida! I’m bored to death at operate so I determined to verify out your website on my iphone for the duration of lunch crack. I get pleasure from the data you offer right here and can’t wait to just take a look when I get house. I’m st…

  15. تبلیغ گوگل commented on Jan 30

    تبلیغات در گوگل

    generally posts some amazingly intriguing things like this. If youre new to this website

HowIInvestMyMoney