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I think it's pretty obvious that the parent is talking about the average investor.
by djoldman 6y ago
I think it's pretty obvious that the parent is talking about the average investor.
- ghaff 6y agoYes but it's also a fair point that a lot of actively-managed mutual funds out there don't beat low-cost index funds.
- baobabKoodaa 6y ago> I think it's pretty obvious that the parent is talking about the average investor. Really? Because this is what the (grand)parent said: "Whether you're an individual trader or a billionaire hedge fund manager, active strategies lose out to passive ones in the long run." Clearly grandparent was not talking solely about the average investor.