4 ms·
One cool thing is that the these funds don’t actually need active management and that in itself is a form of predatory graft. You could stick them all in a dive
by bugglebeetle 3y ago
One cool thing is that the these funds don’t actually need active management and that in itself is a form of predatory graft. You could stick them all in a diverse array of index funds and call it a day, as pretty much no fund managers outperform those.
- jdblair 3y agoI have no idea if the fund is actively managed. I assume the president is mostly fundraising, deciding how to spend the proceeds, and dealing with administration. That's a job, right? Or should we just have robo-foundations?
- WalterBright 3y agoSo don't invest in them. (Actually, I agree with you. I don't invest in them.)