Elon Musk Thinks Passive Investing “Has Gone Too Far;” Cathie Wood Agrees

Passive investing “has gone too far,” in the eyes of Tesla CEO (and apparently soon-to-be interim Twitter chief) Elon Musk. And Ark Investment Management CIO, CEO, and Musk booster Cathie Wood agrees. Responding to a tweet from venture capitalist Marc Andreessen saying managers like BlackRock have...