In the Margins

Jaffe on index fund bubble theory: Ackman had a point

February 1, 2016

By MarketWatch

Activist investor Bill Ackman, of Pershing Square Capital, had a point with his index fund bubble theory, MarketWatch columnist Chuck Jaffe maintains in his latest opinion piece. "His argument might have been a smokescreen to cover up his own bad performance, but index investors ought to hear him out." Read the original column from MarketWatch.