I don't see a clear value proposition here. As others have mentioned, ~95% of people should only invest in index funds. They are wasting their money if they ac

I don't see a clear value proposition here. As others have mentioned, ~95% of people should only invest in index funds. They are wasting their money if they actively manage it or put it into a managed fund. The value add of a hedge fund is its sophisticated research. Hedge funds have analysts who are looking at satellite images showing the number of cars in parking lots to determine whether sales at Best Buy are up this year, PhDs creating ML models that incorporate behavioral finance, that sort of thing. It seems like Titan operates in a space directly between these two business models - higher fees without the sophisticated research. Its return over the past year is promising, but you can't really evaluate the performance over such a short time frame. I'm very skeptical, but hoping to be proved wrong.