I’m still curious if you would be willing to bet against a fund run exclusively by founders of the S&P500Those do underperform the S&P 500.
Oh yeah, I definitely agree that mutual funds are terrible. Pretty sure they’re optimizing for management fees, though, not to actually outperform the market.
I’m still curious if you would be willing to bet against a fund run exclusively by founders vs the S&P 500. Saying the management fee for such a fund would be ridiculously high seems like a reasonable objection though.
For that matter, would you be willing to bet against SpaceX vs the S&P 500?
Oh yeah, I definitely agree that mutual funds are terrible. Pretty sure they’re optimizing for management fees, though, not to actually outperform the market.
I’m still curious if you would be willing to bet against a fund run exclusively by founders vs the S&P 500. Saying the management fee for such a fund would be ridiculously high seems like a reasonable objection though.
For that matter, would you be willing to bet against SpaceX vs the S&P 500?