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> With index funds, nobody’s behind the scenes, dumping bad investments and selecting good ones. That's not exactly true. There's people and committees decided
by sombremesa 6y ago
> With index funds, nobody’s behind the scenes, dumping bad investments and selecting good ones.
That's not exactly true. There's people and committees decided what's in the index, and therefore, what's in the index fund.
- fighterpilot 6y agoAnd there's committees of people deciding which index funds to invest in and which to ignore.