SPY News: Why pro trader Tom Sosnoff says to bet on yourself instead of passive index funds - 11th Oct 2024, 6:00am

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Passive investing hit a major milestone in 2023. For the first time ever, passive funds surpassed active funds in net assets with global assets hitting $13.3 trillion.

Though 2023 saw paltry flows after the 2022 bear market, the milestone capped a decades-long trend in how money flows from investors into the markets.

But Tom Sosnoff, co-founder of tastytrade and co-founder an...

>>> Read more: Why pro trader Tom Sosnoff says to bet on yourself instead of passive index funds
 
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