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Well then it will be really easy for those active fund managers to fleece the naive index rubes, right?
by donavanm 6y ago
Well 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.