> zero sum re-allocation games for which intermediaries get a cut
If intermediaries get a cut, wouldn't that make the games negative-sum?
3 karma · joined December 7, 2015
If intermediaries get a cut, wouldn't that make the games negative-sum?
ETFs aren't necessarily index funds
https://www.forbes.com/sites/rickferri/2014/01/16/etf-does-n...
https://en.wikipedia.org/wiki/Wikipedia:Chesterton%27s_fence