11. This quotation is from Business Week: The idea sounds almost un-American. Instead of using your smarts

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11. This quotation is from Business Week:

The idea sounds almost un-American. Instead of using your smarts to pick stocks that will reach the sky, you put money in a fund that merely tracks a broad market index. But that is precisely what institutional investors are doing.… Indexing is a new force in the stock market.… But the impact of index-funds reaches far beyond stock prices.7 Discuss how indexing may have contributed to the growth of the stock index derivatives markets.

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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