The End of Indexing
Index-tracking is the flavour of the day. It accounts for around one-third of the total US mutual fund market, and is still growing rapidly. Indexing appears to be unstoppable but, in The End of Indexing, Niels presents a different vision. In a forthright and compelling examination of the investment landscape, he argues that the economic environment we are entering will be unsuited to index-tracking strategies.
You can read more about the book here: https://harriman-house.com/endofindexing