> With Index funds, we all have to trust that S&P is doing the right thing. No, you don’t. Here is the document that outlines how the S&P 500 is calculated: ht

> With Index funds, we all have to trust that S&P is doing the right thing. No, you don’t. Here is the document that outlines how the S&P 500 is calculated: https://us.spindices.com/documents/methodologies/methodology-sp-us-indices.pdf https://us.spindices.com/documents/methodologies/methodology... > Managed versus index is to me, open source versus closed source. This is also backwards, indices are transparent and open while managed funds are not.