December 17, 2018· 37 min

How Passive Investing Could Change Capitalism

Orality
Model
63%
Mixed oral/literate (blogs, casual essays)

Speaker Breakdown

HostJoe Weisenthal(972 words)
M:28%
HostTracy Alloway(1,432 words)
M:28%
GuestInigo Fraser Jenkins(3,592 words)
M:26%

Oral Indicators

Agonistic32%
literally, completely, absolutely
Engagement53%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
think (56x), about (47x), active (47x)
Parallelism98%
And I'm Joe Weisenthal...., So, Joe, we've talked before o..., But I I'm trying to think now ...
Sound Patterns45%
29 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases6%
i mean, to be honest

Literate Indicators

Hedging14%
could, quite, suggest
Passive Voice11%
was supposed, be called, was called
Abstract Nouns23%
investment, recommendation, construction
Subordination11%
although, because, since
Sentence Length52%
Avg: 18.0 words/sentence
Word Complexity49%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style47%
344 personal pronouns found
Descriptive Style100%
literally, completely, absolutely

Description

The biggest macro trend in investing is the rise of so-called "passive investing." But while this may have advantages for the individual investor, it raises a whole new host of issues, such as elevating the role of index designers, and decreasing the emphasis on studying individual companies. On this week's Odd Lots podcast, we speak with Bernstein's Inigo Fraser-Jenkins who once wrote a note that said passive investing is "worse for society than Marxism." See omnystudio.com/listener for privacy information.