Dr. John Deloney

Let's go even simpler for guys like me. When you say indexed, they're indexed and they're passively managed.

So they pick. I'm making these up.

So they pick. I'm making these up.

So they pick. I'm making these up.

And if they go up, then the index fund goes up. And if they just all go down, then the index fund kind of goes down. And over time, we hope these companies just keep getting bigger and growing. And then can companies fall off the S&P 500 and new ones pop in?

And if they go up, then the index fund goes up. And if they just all go down, then the index fund kind of goes down. And over time, we hope these companies just keep getting bigger and growing. And then can companies fall off the S&P 500 and new ones pop in?

And if they go up, then the index fund goes up. And if they just all go down, then the index fund kind of goes down. And over time, we hope these companies just keep getting bigger and growing. And then can companies fall off the S&P 500 and new ones pop in?

So the whole thing should be just going up over time.

So the whole thing should be just going up over time.

So the whole thing should be just going up over time.

And so index funds means nobody's driving. It's just following whatever.

And so index funds means nobody's driving. It's just following whatever.

And so index funds means nobody's driving. It's just following whatever.

You like that? You just ruined it for people.

You like that? You just ruined it for people.

You like that? You just ruined it for people.

There we go.

There we go.

There we go.

Okay.