Part 2/9:
Coffin opens the conversation by discussing the misconceptions around perceived "passive" investment opportunities. While tools like index funds and ETFs are touted for their ease of use, Coffin argues that there is no “truly passive” approach to making money in the markets. He states, “Everyone is making an active decision when they invest in market-weighted indices.” This critical understanding positions passive investing as a choice that encompasses a variety of implicit strategies, all stemming from individual risk tolerance and market outlook.