As ETF Offerings Grow, Beware
John Waggoner of USA Today explains how silly season has apparently hit the exploding ETF market - with some new, exotic ETF offerings tracking market sectors "thinner than Elmer Fudd's hair."
"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer
John Waggoner of USA Today explains how silly season has apparently hit the exploding ETF market - with some new, exotic ETF offerings tracking market sectors "thinner than Elmer Fudd's hair."
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