7 ms·
Your last paragraph is a misinterpretation of this paper. You are interpreting the result as saying "Investors would benefit from broadly indexing at seed". The
by aothman 7y ago
Your last paragraph is a misinterpretation of this paper. You are interpreting the result as saying "Investors would benefit from broadly indexing at seed". The paper instead says "Seed investors would benefit from broadly indexing".
- icedchai 7y agoIn other words, spray and pray?
- realsimoburns 7y agoOr, the benefits of diversification still hold up