65 points | by koolhead17 2 hours ago ago
6 comments
[delayed]
https://archive.today/8jwJl
whenever I see headlines like this, I always think: great opportunity for someone to create transparent trusts then?
am I super biased or fully drank the Kool aid if I believe entrepreneurs are the solution to many of society's ills?
This article feels overblown.
Here’s a trust that has 250 billion, but reports prices and does many other things the article says isn’t required: https://workplace.vanguard.com/investments/product-details/f...
Not opaque and it has lower fees than the retail S&P 500 funds.
Using Vanguard anything as a counter-example isn't terribly persuasive; they're unique in the market.
Given the Bloomberg article explicitly calls out Vanguard, I don’t think using it as a counter-example is inappropriate.
[delayed]
https://archive.today/8jwJl
whenever I see headlines like this, I always think: great opportunity for someone to create transparent trusts then?
am I super biased or fully drank the Kool aid if I believe entrepreneurs are the solution to many of society's ills?
This article feels overblown.
Here’s a trust that has 250 billion, but reports prices and does many other things the article says isn’t required: https://workplace.vanguard.com/investments/product-details/f...
Not opaque and it has lower fees than the retail S&P 500 funds.
Using Vanguard anything as a counter-example isn't terribly persuasive; they're unique in the market.
Given the Bloomberg article explicitly calls out Vanguard, I don’t think using it as a counter-example is inappropriate.