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I thought index funds were killing actively managed funds already. Why would anyone choose these over a low expense ratio index fund?

Because they are unsophisticated and don’t know better. Private equity and credit are looking for bagholders, and the only potential buyers left are retail.

Citation:

Private Equity's Great Escape - https://news.ycombinator.com/item?id=47589061 - March 2026


I do hope they force all of the executives and management at Amazon to switch to this new phone and forcibly take away their iphones.

I looked up Mt Fuji and there are spikes and pits all over the place in the model. Is the satellite scan data no good?


I have just added Mt Fuji to quick links.


Can it use locally hosted LLMs, or are you forced to use one of the big players for that portion?


It can use self hosted LLMs, I don't have good enough hardware to serve any meaningful models though.


I'm gonna need some more cowbell here


How does that compare with the number of times Abe is mentioned?


Why is electrical isolation even a concern? There are no user accessible conductive parts.


Only 3/4 of a mile will be electrified. That's less than a minute of charging at highway speeds.


why is 6 afraid of 7?


That much sale in assets will affect the asset prices themselves. Unless the state is willing to take taxes in the form of assets instead of cash, it doesn't make sense to tax them.


I do wish that just once our politicians (and the voters who are so easily spooked) thought through this issue a bit further than "Billionaires issue threat, we must surrender." There is a point at which taxation can be counterproductive, but we're so far in the other direction that it would take cultural and political changes of decades to get into dangerous territory.

Unfortunately many people are trained to respond along party lines with thinking.


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