The Asset Allocator: Cypress Financial Planning's Evan Powers Cuts Through Active-Passive Debate (Podcast)
By SA For FAs:
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Evan Powers, a financial advisor and principal of Cypress Financial Planning, insists that users of passive investments are making active choices.
In this podcast interview (15:13), Powers explains his view that, with 3 million stock indexes in the world vs. just 40,000 stocks, just choosing the benchmark is 70 times more active a decision than choosing a stock.
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