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Who would have guessed - an article that seems to consist mainly of quotes from hedge fund managers reaches the conclusion that passive investment is bad not ju
by carbonguy 6y ago
Who would have guessed - an article that seems to consist mainly of quotes from hedge fund managers reaches the conclusion that passive investment is bad not just for them personally but for the entire economy!
I wonder if it's occurred to them that they could perhaps use their knowledge and resources to provide better investment options rather than spending their time being shocked and appalled that investors prefer to pay less and earn more.
- qqii 6y agoI had a similar thought when reading the article. As an example individual or smaller investors simply cannot create lower risk options like an index fund by themselves. We don't have the ability to index specific markets and apply a personal weighting. The broad options are: low risk index funds from a broker, medium risk managed funds or high risk individual investments. Most individuals cannot tolerate the risks so have no option but to choose from a list of index funds.