2 ms·
There 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 th
by Analemma_ 9y ago
There 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