29.11.2016 - Index Funds, Quants and Hedging
The consensus that Index Funds Are Good is pretty universal, but also kind of boring. It turns out that the right way to invest is to ... do nothing? To do exactly what everyone else does? To just stop paying attention? Indexing is low on action, low on personality, low on fees, low on excitement. It is good for you, but a bit bland. The Index Funds Are Bad camp, on the other hand, is full of wacky fun. There is, for instance, the view that index funds are illegal because they violate antitrust laws, a view that is so counterintuitive that its proponents insist that they don't mean it...............................................Full Article: Source
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