I get the impression Trump has no clue what’s going on. He’s just just regurgitating bullet points that someone—probably Putin—put in large print on a piece of paper.

Or, gullible.

Putin has no intention of letting the USA have any control over those resources.

I’m starting to get the feeling he wants to be assassinated.

Hopefully, it’s exactly like the originals and someone leaks the code.

You’re right. I mistakenly came to conflate ETF with passive.

How so?

Probably, good… for investors. It’s better to invest in ETFs over mutual funds for many/most people. A mutual fund is an investment vehicle in which a manager aggregates a bunch of stocks and sells share in the group of stocks. This limits the risk and ensures more gains but the manager needs to be paid. An ETF is like a mutual fund without a manager, the choice of stocks is done automatically by computer software and tries to track the market (or market segment) as a whole. So, less money is lost to paying fund managers and the software is pretty smart.

History has shown a that, on average, automatically managed funds outperform funds managed by people.

There are a lot of people out there who think they are smarter than the market, including fund managers. They are not. If you have money to invest, like in a IRA or 401k, you should put it in ETFs.