> Basically, the sale meant only 5% annual returns which is pretty bad compared to the huge gains an index fund would have made during that time. You talk abou

> Basically, the sale meant only 5% annual returns which is pretty bad compared to the huge gains an index fund would have made during that time. You talk about the $30b case as if a retail is taking higher risk/return portfolio but putting the entire $30b is not the same as buying something that looks promising with your phone. If you can't fill the $30b into an asset, it's at 0%.