https://freakonomics.com/podcast/stupidest-money/

2) Based on the podcast, choose the BEST description of passive portfolio management:

a) Buying all stocks in an equity index and allocating your capital across all the stocks based on the financial accounting performance of each stock.

b) Buying all stocks in an equity index that are profitable in the prior year and shorting all stocks in the index that were not profitable in the prior year.

c) Buying all stocks in the S&P 500 and allocating your capital across all the stocks based on a random sorting process.

d) Buying all stocks in an equity index and allocating your capital across all the stocks such that your portfolio mirrors the index.

4) According to Ken French, a downside of passive investing is:

a) Higher quality accounting information.

b) Lower quality accounting information.

c) Increased price discovery by active traders.

d) Reduced price discovery by active traders.