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It's intriguing that the same issue crops up in the financial industry with product fees. Fund managers with high fees are not the best but people mistakenly ap
by cmdkeen 12y ago
It's intriguing that the same issue crops up in the financial industry with product fees. Fund managers with high fees are not the best but people mistakenly apply the "I must be getting what I pay for" concept, not appreciating that the best managers charge lower fees because they're operating at larger economies of scale.