ikourtid

3 ms·

1. 1.▲
   by ikourtid 2y ago

   Follow-up to my (most upvoted, it seems) post. ETF expense ratios are only the headline cost. There's also a hidden cost you never see. An index (and, therefore, any fund that tracks it) has a methodology that results in additions&#x2F
2. 2.▲
   by ikourtid 2y ago

   Also former HFT / market maker here (UBS, GETCO), and also the developer who wrote Wealthfront's direct indexing with tax loss harvesting 10 years ago. I had that same skepticism before I built it. Using a Bloomberg terminal back
3. 3.▲
   by ikourtid 2y ago

   PAYMENT-FOR-ORDER-FLOW IS GOOD FOR YOU . There, I said it. [Source: I have 10 years of HFT / market making experience] PFOF is misunderstood, as others pointed out here. However, it's not a 'win win win'; it's more