ETFs Are A 'Superior Product' Compared to Certain Mutual Funds: Fmr. Third Ave. CEO Barse

The video discusses the shift from active management to indexing, focusing on the X Out index strategy, which excludes the bottom 250 companies from the largest 500 U.S. companies based on technological disruption risks. It highlights the importance of rules-based investing and the active role in creating indices. The video also addresses liquidity risks in active investing and ETFs, emphasizing the sound market structure and the superior liquidity of ETFs compared to mutual funds.

What is the active component of the index creation process according to the speaker?

What concerns does the speaker address regarding liquidity in fixed income ETFs?

How does the speaker differentiate between liquidity risks in ETFs and mutual funds?