#Strategy vs #MSCI : From scorekeeper to quasi regulator
Published: January 13, 2026
Duration: 14:16
Research
STRC Audio Course
Mosaic
This episode examines the structural fragility of modern financial markets caused by the transition from Jack Bogle’s passive investing ideal to a system where mechanical index flows dictate stock prices. The author critiques index providers like MSCI, labeling them "quasi-regulators" who exercise immense, unaccountable power by "spooking" markets and effectively "de-banking" equity capital through opaque exclusion threats.
#PassiveInvesting: This strategy, which focuses on broad market exposure rather than individual stock picking, is the central theme of the report.#JackBogle: As the founde...