4 ms·
Let me guess: "top-performing" means "comparable to an index fund".
by michaelochurch 12y ago
Let me guess: "top-performing" means "comparable to an index fund".
- tptacek 12y agoYour comment was intended as snark, but in fact asset allocation is more complicated than analyzing year over year returns and comparing them to a benchmark. Investors might put money into an asset class that performs near an index fund, and pay more to do it, simply to have some funds allocated into an asset that isn't correlated with the index. Or the volatility characteristics of the asset classes might be important.
- selmnoo 12y agoA small remark: thank you for not replying to what you deem to be "snark" with just more snark, but rather instead replying with something that can be replied to with a substantive comment rather than a continual exchange of ad hominems or something.