I mostly agree with this take index funds really are a great way to go for most people and I think most of the active funds management industry will go extinct.
That's a good thing as not only do they add no value but their shit reckons are painful to read.
That doesn't mean my prior points are incorrect I was of course aware of your view and am deliberately fading it.
Thats what makes a market - different opinions its not personal and I don't owe you an explanation especially when you are coming in hot and without respect.
Ann: Funds Under Management - September 2023, page-116
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