Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at why Jim Cramer still hates ETFs.

Quote of the Day

"Passive investing is in danger of devouring capitalism...What may have been a clever idea in its infancy has grown into a blob which is destructive to the growth-creating and consensus-building prospects of free market capitalism."

(Paul SInger)

Chart of the Day

ETFs are still small potatoes when it comes to revenue generation.