END OF PASSIVE INVESTING: STORY OF THE HIDDEN BIAS

<p>Passive investing looks effortless&mdash;until the cracks appear. For years index funds have been sold as the ultimate investing hack: set it forget it and beat professionals. But what if the very math behind those indexes rigs the game in favor of the already?big and the already?popular?</p><p>In END OF PASSIVE INVESTING: STORY OF THE HIDDEN BIAS quantitative strategist Mukul Pal peels back two centuries of statistical shortcuts market myths and governance blind spots to show how &ldquo;neutral&rdquo; market-capitalization weighting quietly amplifies bubbles concentrates risk and erodes real diversification. Moving from Archimedes&rsquo; eureka moment to today&rsquo;s trillion-dollar ETFs Pal reveals:</p><p>The historical accidents and political deals that baked bias into every modern index</p><p>Why passive flows can supercharge momentum and punish fundamentals</p><p>How advanced probability theory adaptive weighting and machines can rebuild indexes for resilience and fairness</p><p>Clear-eyed and provocative this book is not just a critique&mdash;it is a blueprint for a smarter more transparent financial future. Whether you are a retail investor portfolio manager or policy- maker End of Passive Investing will change how you see the markets&mdash;and where you place your next dollar.</p>