3 ms·
This looks like a PR piece to make people afraid of investing in the S&P. Some people have suggested thought that since investing in index funds makes the compa
by zitterbewegung 9y ago
This looks like a PR piece to make people afraid of investing in the S&P. Some people have suggested thought that since investing in index funds makes the companies that are apart of the index fund to not compete with each other due to their shareholders. I'm not sure if the previous statement is even valid or real.
- Analemma_ 9y agoThere have a lot of hit jobs on index funds in the last few years, often published in the Wall Street Journal. Active fund managers are getting really scared that money continues pouring out of them and into Vanguard as it becomes common knowledge that actively managed funds almost never beat index funds net of fees. https://news.ycombinator.com/item?id=12368136#12368902 https://news.ycombinator.com/item?id=12368136#12368902 <- I said this a year ago and it's going to continue