NGE - Rebalancing For Opportunity Cost Through Contrarian Investment Strategies
2018’s late equity selloff left many investors disappointed and tired of traditional index funds and passive investing. Attributing some “would be”, and “should have” arguments, and a bit of hindsight bias, some investors decided to abandon the staple $SPY, $DJI, and $QQQ index-tracking ETFs. However, taking matters into one’s own hands usually warrants table-flipping reactions from professional investors to academics as they say in unison “passive investing outperforms active investing returns”. Turning to fixed-income may be one solution, but bonds were only slightly better underachievers. Moreover, passive investors are right