alt Hacker News>and there is a tremendous amount of marketing online for passive.
There’s a lot of advocacy for passive investing because it’s practically the only good option for retail investors. Managed funds can actually afford to advertise.
There are problems with passive investing becoming such a large portion of public investment, it is practically corporate welfare. But when the alternatives are at or around 2 and 20, with most performing worse than index funds, it’s irrational for the average person to do anything but passive investing.
Passive has been good and I’m mostly a passive investor. I’m arguing that we are seeing structural changes which expose you to more risk and may make alternatives more appealing.
> because it’s practically the only good option for retail investors.
If you’re hearing about something, it’s because someone organized that message
> Managed funds can actually afford to advertise.
Have you seen how much money and corporate influence Vanguard and black rock have?
> with most performing worse than index funds
At the same risk level?