I’ve added Podcast #96 to the “RobCasts” section of the site. It’s called It’s All Schroeder’s Fault!
Don’t blame the bankers. Don’t blame subprime mortgages. Don’t blame the experts. Don’t blame Bernie Madoff. Don’t even blame Passive Investing.
And millions of other middle-class investors who went along with the Passive Investing concept despite the warning bells in their heads that doing so could not possibly turn out well in the long run.