Shiller: `I Don't Quite Agree' With Bogle's Ethos, But Still Admire Him

The video discusses the legacy of John Bogle, highlighting his belief in efficient markets and his creation of a major investment company. It debates the viability of active management in the investment world, suggesting that as people abandon it, new profit opportunities may arise.

What does the speaker plan to do with the congratulatory message?

• Post it on a blog

• Share it in a meeting

• Retweet it

• Send it via email

What is John Bogle known for in the investment world?

• Creating a new cryptocurrency

• Believing in market efficiency

• Developing a stock trading app

• Writing a book on real estate

What is a notable feature of the investment company created by John Bogle?

• It is a for-profit organization

• It has 10 million investors

• It focuses on real estate

• It operates in 770 countries

How does the speaker view the future of active management?

• It will only be for large investors

• It will merge with passive management

• It must survive for new opportunities

• It will become obsolete

What happens as people give up on active management, according to the speaker?

• New profit opportunities emerge

• Passive management loses value

• The market becomes more stable

• Investment risks increase