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For the third straight year, Planet Earth set a record high average temperature in 2016. There is now a broad scientific consensus that our planet is warming due to increased emissions resulting in higher atmospheric concentrations of greenhouse gases (carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride).
During the week of October 17-21, the Wall Street Journal published an excellent series of articles on the topic of active vs. passive investing. Of course, the primary theme was the continued ascent of passive (or indexing) at the expense of active, which is largely explained by the continuing disappointment of active performance.
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