Viewing profile — benjaminklick

A social media where posts are permanent. Edits are guarded against via cryptographic signature. Deletes are guarded against via chaining. I think, with identity verification, perm…

Damn, what?! I didn't know the UK rates were higher. But yeah the old Vanguard brand that Bogle built is strong.

Permanent summary of my thoughts here: https://ristforever.com/rist/ea70058d-ab78-45e7-81f9-b3a5dce... You can be held to your words too!

And what happens if active fails? Then passive would take the hit even though people go with Vanguard specifically for the low-risk passive.

It's high risk. Sure, if active funds succeed. But active funds fail more often than they succeed.

I mean even $100 annually compounds to be tens of thousands over a lifetime. Furthermore, Vanguard manages like almost 10 trillion so that ends up being nearly a billion extra extr…

Absolutely. Fidelity has been closer to Vanguard's historical reputation than Vanguard itself in recent years.

Fair point. My thought is they are clearly spending money on tons of people they wouldn't have to if they were strictly passive. Presumably, if they didn't, the fees would be lower…

rist.pages.dev wouldn't go in link due to two dots, sorry.

Permanent Twitter. No deletes, no edits. The Epstein nonsense has shown us that the government tries to scrub things. Demand people post things here, where nothing can be scrubbed.…

Literally everybody just cheats with AI