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<p>Just as relevant today as in the Tech Bubble of the 1990s, this issue (originally published in March 1999) is particularly enlightening in view of today's infatuation with passive and index investing. Instead of falling off a cliff, these lemmings fell into the largest bear market since the 1930s!</p>
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<p>This report is also available to read in PDF format. <a href="https://ns2020-investech.investech.com/wp-content/uploads/2020/08/InvesTech-V99I04-Indexing.pdf" target="_blank" rel="noreferrer noopener">Download the PDF</a>.</p>
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