OMG, just read the author's bio : He runs an "independent investment advisory firm that provides personalized consulting services". He only makes significant recurring revenue when you buy those actively managed funds, not when you buy index funds, or CDs or many other alternatives.
Disclosure on this article is insufficient, unless you assume all will read his bio and make the connection. Should say "i sell actively managed funds for a living".
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OMG, just read the author's bio :
Dec 11 13:04 pm
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All Comments by Fund Insider »The Fall of Index Funds [View article]
He runs an "independent investment advisory firm that provides personalized consulting services". He only makes significant recurring revenue when you buy those actively managed funds, not when you buy index funds, or CDs or many other alternatives.
Disclosure on this article is insufficient, unless you assume all will read his bio and make the connection. Should say "i sell actively managed funds for a living".