I'm a passive manager and I couldn't agree more.
Passive does not mean we are blind or absent or anything. On the contrary, we track and create vehicles that are widely known to be 'smart' and 'advantageous' even in their raw form without any active decisions.

Our policies generate good results for investors and no one accuses us of channeling revenue to the trading desk. No one accuses us of overconfidence or wild bets either. It's smoooooth sailing really :-)