lukestein’s Twitter Archive

…in reply to @daniel_egan
@daniel_egan I don’t necessarily disagree. And yet. At a certain point one has to ask what an index is (admittedly slippery!). I’d be happy to see more low cost, largely automated, investment management, but fear if/that “personal” indexes are a way to sell investors who have been told to…
On twitter.com ♻️ 2 Retweets 2020 Nov 24 Mood 0

…in reply to @lukestein
@daniel_egan …index (rightly!) on products that are actually higher cost and less optimal in meeting their goals. Larger bid-ask spreads, higher tracking errors and the potential for conflicts-of-interest are also drawbacks to consider. riabiz.com/a/2020/7/21/with-schwab-in-motif-mode-jon-stein-tells-bloomberg-betterments-etf-view-is-shifting-talks-revolution-but-declines-through-spokesman-to-confirm-any-imminent-shift-to-direct-indexing
Permalink On twitter.com ♻️ 2 Retweets 2020 Nov 24 Mood -2 🙁