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![philbak1 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::35463511.png) Phil Bak [@philbak1](/creator/twitter/philbak1) on x 28.6K followers
Created: 2025-07-26 00:53:17 UTC

Excellent new paper from @larryswedroe on impact of passive investing: eroding diversification, increased volatility, and disappearing price discovery.



![](https://pbs.twimg.com/card_img/1948764310382968834/C5Ncu7MC?format=jpg&name=800x419)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948909454914646107/c:line.svg)

**Related Topics**
[volatility](/topic/volatility)
[asset allocation](/topic/asset-allocation)
[investment](/topic/investment)

[Post Link](https://x.com/philbak1/status/1948909454914646107)