Is passive investing really passive?
An index fund might follow the rules. But someone still had to decide what those rules should be.
In this episode of The Purposeful Investor, David Andrew and Aden Wilkins sit down with Eduardo Repetto, Chief Investment Officer at Avantis Investors and former co-CEO of Dimensional Fund Advisors, to unpack what active management really means and why price matters as much as company quality. We look beyond the traditional active vs passive debate to explore what may matter more:
- diversification
- valuation
- investment costs
- disciplined decision-making
- evidence over prediction
We also explore a deceptively simple investing lesson:
A great company isn’t necessarily a great investment. The price you pay matters.