Malkiel Says He Believes in the 'Blindfolded Monkey' Investor More Than Ever

The video features Burton Malkiel discussing the benefits of passive investing strategies, emphasizing the superiority of index investing over active management. He highlights the growth of indexing and its impact on the market, dismissing concerns about its popularity. Malkiel also addresses the ETF industry's profitability despite low expense ratios and predicts a shift towards robo-advisors in financial advising due to cost efficiency.

How does Malkiel view the potential risks of indexing becoming too popular?

What are some ways the ETF industry can continue to make money despite low expense ratios?

What does Malkiel predict about the future of financial advisors in a low return environment?