Jack Bogle Calls Indexing Critics 'Idiotic'

The video discusses the rise of index funds, their dominance in the investment industry, and the criticisms they face, such as being compared to Marxism. It addresses the impact of passive investing on market efficiency and research, highlighting that index funds often outperform active managers due to lower costs. The discussion includes the potential effects on market dynamics if indexing continues to grow.

What does Bill Ackman refer to when he mentions an index bubble?

How has the rise of indexing affected active money managers?

What are the criticisms associated with index investing according to the text?

In what ways does the speaker argue that indexing adds value to society?

What is the relationship between indexing and market efficiency as discussed in the text?