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A comment on Launch HN: Double (YC W24) – Index Investing with 0% Expense Ratios. Parent comment

Re:Launch HN: Double (YC W24) – Index Investing with 0% Expe... by wrsh07 on Wednesday December 11, 2024 @08:31AM (#42387483)
This is just noting that different brokers give different performance

That doesn't really have anything to do with pfof (TD Ameritrade gives better execution and receives pfof)

https://news.ycombinator.com/item?id=42378516

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Re:Launch HN: Double (YC W24) – Index Investing with 0% Expe... by loeg on Wednesday December 11, 2024 @11:32AM (#42389499)
Presumably a market maker would pay (PFOF) slightly more to deliver slightly worse execution (keeping the spread).
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Re:Launch HN: Double (YC W24) – Index Investing with 0% Expe... by wrsh07 on Friday December 13, 2024 @08:57AM (#42408442)
Sure that sounds plausible but it's literally not what happens in practice (see the other comment I linked that discusses research on this very thing)
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Re:Launch HN: Double (YC W24) – Index Investing with 0% Expe... by loeg on Friday December 13, 2024 @08:13PM (#42413793)
Yeah, I've seen the Levine column on it.
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