Comment by dylan604
20 hours ago
The people that invested their money did not make these decisions. The people running the fund did. You're victim blaming. Most people don't get a very wide choice where their money goes outside the couple of options the fund managers present. I'd also venture most people do not even look at what stocks are in the fund. They'll look at the past earnings and check the box.
This is family funds - Murdoch, Walton, Ellison. You think they shouldn't be responsible for doing due diligence? The device didn't work. They could've independently verified that at any point.
If there were users that were given bad tests, that was due to these investors not doing their jobs.