Elon Musk and Cathie Wood agree that passive management's takeover of the investing world has gone too far — and has prevented investors from reaping big gains

Ark Invest’s Cathie Wood and Tesla CEO Elon Musk both agree that the relentless rise of passive investing has gone too far, according to a series of tweets from the pair. It’s not a surprising view given that Wood runs an active investment management firm that has billions of dollars in assets under …

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