Re:A High Frequency Trader's Apologia, Part 1
by nihilum on Wednesday April 18, 2012 @04:05AM
(#3856986)
Mostly agree, except:
> Actively traded funds are evil.
Actively traded funds are not "evil." Actively traded funds are the only reason you can buy an index fund and actually expect a decent return. Without active traders, the market would be inefficient, i.e. things would not be fairly priced.
> Actively traded funds are evil.
Actively traded funds are not "evil." Actively traded funds are the only reason you can buy an index fund and actually expect a decent return. Without active traders, the market would be inefficient, i.e. things would not be fairly priced.