Alert – This link is only for those of you who like the backstage, technical stuff.

Cliff Asness recently wrote a piece for Bloomberg called Indexing Is Capitalism at Its Best and we tend to agree. This column is in response to an active manager’s “research” report warning of the dangers of too much money moving to index, passive, and evidence-based strategies. Please make sure to read the footnotes, as they are every bit as relevant as the main content.

L’Echo, a leading European business journal, interviews Gene Fama Jr. about the principles of market efficiency, and how these principles continue to thrive in uncertain and trying markets. Click here for the interview.