Rick Ferri wrote:The paper is referencing the net return of the funds that managers run. Net of cost, funds underperform (negative alpha).
Isn't that the bottom line?
FarmerTed wrote:You could set up a trust with the Bogleheads Forum as the Beneficiary. Us "relatives" would raise a toast to you as long as your trustee can put a final post for you!!
staythecourse wrote:I like the late Harry Browne's advice of keeping as few people away from you and your money as possible.