- Prominent investors like Michael Burry have been voicing concerns about passively managed index funds. Burry recently warned passive investing has become a bubble.
- Billionaire hedge fund founder Leon Cooperman said what “scares the hell” out of him is the lack of “stabilizers” in the market. He said the Volker rule and rise of momentum and high-frequency traders have changed the market structure.
- “The market is not the market we grew up with,” Cooperman said.
- Click here for more BI Prime stories.
Famed investor Michael Burry recently sounded the alarm on passively managed index funds. Billionaire Leon Cooperman says he isn’t read more >>>