"I think the term 'conceptual art' is a useful term for writers, a basket to put people in, like Pop Art or Impressionism or whatever."

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The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.

— Charles R. Schwab