Passive is one of the most polarising strategies in modern investing. In retail, the battle is over. Done. Finito. Passive investing won. You won’t get many retail investors who strongly oppose this method. In fact, many see it as the only way non-professionals should be investing. They think it’s obvious — just look at how well the strategy has worked in the past, how cheap it is, and how easy it is. But some retail investors don’t employ passive investing (PI). This is because they think th...