Is the Mutual Fund Industry 'Dead'?

The video discusses the evolving landscape of investing, focusing on the blurred lines between active and passive investing due to the rise of ETFs. It highlights the behavioral risks associated with ETFs, particularly in bond markets, and compares mutual funds with ETFs, noting the trend towards lower fees. The discussion also covers the pressure on traditional advisor fees and the impact of Robo-advisors on the industry.

What is the significance of the distinction between active and passive investment strategies according to the text?

How has the development of the ETF industry influenced the debate between active and passive investing?

What concerns are raised about ETFs in a bear market?

In what ways do mutual funds still hold advantages over ETFs, according to the discussion?

What are the implications of the trend towards lower management fees for financial advisors?