54 ms·
> As more money moves into index funds and ETFs, only the best active traders will survive. That’s probably fine. I don’t see why active traders should get any
by erikpukinskis 9y ago
> As more money moves into index funds and ETFs, only the best active traders will survive.
That’s probably fine. I don’t see why active traders should get any money at all from outside sources other than venture capital here and there when they have a proven opportunity to scale that’s bigger than their market cap can fund. And those opportunities should be an easy sell to almost anyone with restless cash.
Why should good traders be rewarded with sales? Good traders can make their own money. The only traders who need sales to survive are bad/exploitative ones.