Re:The rise of passive investors
by kwhitefoot on Thursday July 20, 2017 @07:55AM
(#14811638)
Only if you don't want to make a profit. The incumbents have the advantage of a functioning system and high visibility and can tolerate low margins.
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Doesn't sound that different than running a "public good non-profit" as a retirement gig for some savvy folks. Bring better cheaper investing to the masses. You in turn can leverage the scale to do the type of investing you want to do cheaper or just sit like the rest of us. Not every venture has to be world-bendingly profitable to provide value.