## summary of passive-active papers

[Policy in a World of Pandemics, Social Media and Passive Investing](https://www.logicafunds.com/policy-in-a-world-of-pandemics)

## notes from the podcast

[The End Game Ep. 3 - Mike Green - The Grant Williams Podcast](https://podcasts.apple.com/gb/podcast/the-grant-williams-podcast/id1508585135?i=1000483139066)

## Kelly-Thorp-Peters

- Ole Peters

![ff](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/4689/snoopy.jpg 'ss')

## Kahneman-Tversky

## open questions about passive-active, Kelly-Thorp-Peters and Kahneman-Tversky

three topics - passive-active, behaviour, and optimal leverage from time average

The effect of inflows/outflows - the closed system does not make sense not only due to inflows into passive management but also as an existence of Kelly-Thorp investors with permanent edge