Recently Howard Marks of Oaktree put out a memo on what he thinks might be the effect of passive investing. He discusses both Index Investing and ETFs. It is a long but very interesting memo. See the memo on Oaktree site.
I thought a very interesting point was that we have never been through a bear market with such a large portion of passive investment. Will there be liquidity problems?
On my other blog I wrote yesterday about Parkland Fuel Corp (TSX-PKI, OTC-PKIUF)... learn more. Next, I will write about Saputo Inc. (TSX-SAP, OTC-SAPIF)... learn more on Wednesday, June 27, 2018 around 5 pm.
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