Further reading for the weekend : Golf courses, ETFs, not so dumb private investors and how not to secure a wall

Plus an insiders take on China, and how to pick funds intelligently

Factoid 1: The remorseless rise of passive

This from LSEG Lipper's latest Global ETF Industry review:

• The global ETF industry held $9,951.4 bn in assets under management on September 30, 2023.

• The global ETF industry enjoyed overall estimated inflows (+$61.0 bn) for September 2023.

• North America was the region with highest estimated inflows (+39.5 bn)…