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New Book Encourages Investors to Join The “Index Revolution”
Charley Ellis’ new book “The Index Revolution: Why Investors Should Join It Now” discusses how the investment landscape has changed and how investors are better served with passive, indexed strategies than active management. A few stats investors should consider: Trading volume on the New York Stock Exchange increased from three million to five billion shares daily over the past 50 years. The dollar value of trading in derivatives rose...