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1. buggle+(OP)[view] [source] 2024-03-01 18:34:31
One cool thing is that the these funds don’t actually need active management and that in itself is a form of predatory graft. You could stick them all in a diverse array of index funds and call it a day, as pretty much no fund managers outperform those.
replies(2): >>Walter+F2 >>jdblai+d3
2. Walter+F2[view] [source] 2024-03-01 18:47:12
>>buggle+(OP)
So don't invest in them. (Actually, I agree with you. I don't invest in them.)
3. jdblai+d3[view] [source] 2024-03-01 18:50:05
>>buggle+(OP)
I have no idea if the fund is actively managed. I assume the president is mostly fundraising, deciding how to spend the proceeds, and dealing with administration. That's a job, right? Or should we just have robo-foundations?
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