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by benjaminklick 89 days ago
It's high risk. Sure, if active funds succeed. But active funds fail more often than they succeed.
1 comments

That’s a risk that Vanguard investors in active funds are willing to take. They’re not stupid, investors at Vanguard know that passive is their primary focus. Also the fees for their active funds are lower than average so they have a higher likelihood of success since a lot of the drag on active performance is… high fees.