Active management usually destroys value, those of you who think in the long term would be wise to invest in rules-based indices instead 

https://twitter.com/tolstoybb/status/1433085635854680065 …
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Does have a bit of a large cap tilt
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Haha imo it's like saying "you must read at at least a 5th grade level to enter this High School". Is it really smart beta if the bar is so low that almost no companies at that market cap ever have any issues getting over that threshold?
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TSLA is glaring counter example? Bbg 500 smokes S&P for the years there is any tracking error
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