lol except it works until it doesn't. Passive: no accountability. Passive: those 'share influencers[' get involved. Passive: those passive index fund/etf share proxy 'advisors' get involved.
Actually Buffett has talked about this many times, refer back to his notes on the 'helpers, all with their hands in the honey jar'. It just a recreation of this.
The next new evolution will be the creation of the new generation new 'fundmanagers' who do not subscribe to all of this b**llshit view, and they will outperform because the 'weight' of money is becoming too heavy in passive index funds.
By the way, for the religious out there, its already been mandated!!! its written in your texts !!!
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- Ann: Funds Under Management - May 2022
MFG
magellan financial group limited
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Ann: Funds Under Management - May 2022, page-87
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Last
$10.82 |
Change
-0.010(0.09%) |
Mkt cap ! $1.857B |
Open | High | Low | Value | Volume |
$10.76 | $10.84 | $10.68 | $2.506M | 232.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1672 | $10.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.85 | 829 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1672 | 10.760 |
1 | 3851 | 10.750 |
1 | 2225 | 10.730 |
3 | 6750 | 10.700 |
1 | 1000 | 10.600 |
Price($) | Vol. | No. |
---|---|---|
10.850 | 829 | 4 |
10.880 | 1050 | 1 |
10.890 | 1200 | 2 |
10.900 | 5350 | 3 |
10.920 | 3000 | 1 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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