Of course they do. The entire investing biz is predicated on greed, vanity & folly. It adds little of real value to clients or society.
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Author still doesn't understand the connection between indexing and Marxism. It's fine though, he'll lose 90% of his wealth to Socialism too
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Hedge fund managers put their money in index funds.
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Lol active management can't win shit
#WasteOfMoney#5percent#BuyAppleThanks. Twitter will use this to make your timeline better. UndoUndo
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