korrents

Our readingWhat is a korrent?

Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund.

Drawn from what Bill Ackman said

What these subjects mean

stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.

investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.

What Bill Ackman actually said

  1. Bill Ackman Founder and chief executive of Pershing Square Capital Management
    There are very few that earn their keep in terms of the fees they charge. They tend to be too diversified and too short-term. And you're often much better off just buying an index fund.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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