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Short Takes: Passive is a matter of degree and more

Preet Banerjee explains that the S&P/TSX index isn’t the same thing as the Canadian stock market. This illustrates that “passive management” is best thought of as a matter of degree rather than a binary condition. It is impossible to own a portfolio that exactly reflects a country’s investment opportunities. However, it is possible to come reasonably close.

Million Dollar Journey did a net worth update. He’s more than half-way to a million dollars. Does this mean that this blog is nearing its end? Perhaps hiding assets in a shell company could keep this blog alive longer. I’m sure that there are plenty of corporate accountants around who are skilled at hiding assets and liabilities.

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Comments

  1. Big Cajun ManOctober 8, 2010 at 5:55 AM

    I'd like to think I was duped, but have a nice long weekend anyhow.

    ReplyDelete
  2. Michael JamesOctober 8, 2010 at 7:55 AM

    @Big Cajun Man: Is there a difference between "tricked" and "duped"?

    ReplyDelete
  3. PreetOctober 9, 2010 at 11:05 AM

    Thanks for the link MJ! Have a great long weekend. See you in a few weeks...

    ReplyDelete

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