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share holders? The same "passive investors" that are buying an index fund that includes Boeing. It's not about leverage it's about taking time and figuring ou
by mpalczewski 6y ago
share holders? The same "passive investors" that are buying an index fund that includes Boeing.
It's not about leverage it's about taking time and figuring out what you are investing in. Everyone wants the free ride of "investing" nobody actually wants to pick stocks by doing research into which companies have sustainable businesses and good governance.
- donavanm 6y agoWell then it will be really easy for those active fund managers to fleece the naive index rubes, right?
- mpalczewski 6y agoActive fund managers are worse, they have a different racket closet indexing while charging high fees is the most common starting a bunch of different funds, and then when one of them outperforms by chance, marketing that one as the one is another.