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ftwynn | 10 years ago

I'm sure there are some legitimate points to be made on this front (indexing methods and such), but this piece reads to me like a giant justification for active brokers and their fees.

> But perhaps we shouldn’t be shocked if an investment method that encourages us to use as little discernment as possible ends up being too good to be true.

... are we just not going to mention that no one beats the market forever, so the intentionally simple, though counter-intuitive, decision might be the right one?

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