Mark Hulbert: Look Who’s Attacking Index Funds Now

Ted

FYI: While index funds have had their share of critics, they could always rely on academia to defend them. Until now.

A small but growing number of academics are arguing that index funds are “evil” and “strangling the economy.” (These quotations are from the headline of a September article in the Atlantic magazine.)

If such attacks widen, index funds could face significantly higher costs in coming years even if they successfully fend off the legal challenges spawned by those academic naysayers.
Regards,
Ted
https://www.marketwatch.com/story/look-whos-attacking-index-funds-now-2018-01-02/print

LewisBraham

Here's a thought. Instead of regulating the index funds, which are once removed from the situation, regulate the airline industry.

Ted

@Lewis: In case you don't remember, at one time the airlines were regulated. And what did we get, high ticket prices, limited schedules, and dirty planes.
Regards,
Ted

LewisBraham

@Ted And what have we gotten since then? You think service is better now? Leg room, food, delays? Underpaid, dangerously overworked, inexperienced pilots?

davidrmoran

Synopsis (Breyer worked for Ted K), typical pros and cons and overreaction to gov intrusiveness:

https://www.bloomberg.com/news/articles/2011-01-20/airline-deregulation-revisitedbusinessweek-business-news-stock-market-and-financial-advice

LewisBraham

Also worth a read: https://huffingtonpost.com/david-morris/airline-deregulation-ideology-over-evidence_b_4399150.html

davidrmoran

Nice writeup, though at least some of the 'undignified' reason is related to the same reasons many men don't wear ties to concerts or church anymore, imo.