Is There a Shift From Active to Passive?

Miller: Money is moving away from the closet indexers to the true indexers. He says he spends a lot of time just reading about economics markets, that sort of thing. If you had a millennial or a recent college graduate come to you and say, Mr. Miller, I'm interested in becoming a fund manager, what sort of advice would you give them? "One of the things you really want to do is just invest"