Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at the proliferation of indices.

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, the founder of Elliott Management)