Comment by dragontamer
1 day ago
You do realize that passive funds have more money than active funds today, right?
https://finance.yahoo.com/news/passive-etfs-hit-tipping-poin...
Sometime last year, passive funds overtook active funds.
1 day ago
You do realize that passive funds have more money than active funds today, right?
https://finance.yahoo.com/news/passive-etfs-hit-tipping-poin...
Sometime last year, passive funds overtook active funds.
Re-read what I wrote.
Reread what I wrote.
More money is in passive now than active. On a dollar basis, there are fewer votes purchased dollar for dollar.
Even then, active funds don't always offer proxy vote services so I'm not sure wtf active has to do with my original point: that investors today don't seem to give a rats ass about the vote.