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I’m not disputing other funny business, I just don’t think they are making money front running passive index investors.
by jliptzin 2y ago
I’m not disputing other funny business, I just don’t think they are making money front running passive index investors.
- ilya_m 2y agoIt's not about front-running investments _in_ passive index funds, it's about front-running investments _by_ passive index funds, which, of course, ultimately comes out of the investors' wallets. As a practical matter, since dealing in mutual funds' shares is settled after market, "front running" these transactions would be problematic. (Impossible, I'd say?)