Hello Jason,

The message in your article is simply great. The ETF/index market must grow on its own merits and not by taking potshots at active management. This has been my thought for sometime now and your article has reinforced that. But the passive investing evangelism has taken great heights and I am not sure how this will crumble down. Because there is no concept of under performance when the center of your universe is all passive products.

Regards
Ashok