ETFs and mutual funds could get too big
By Hicbd
Fri Jan 14 2022 9:26 am
"ETFs have one critical flaw, however: They can get too big too fast, and nobody can stop it. Nearly all professional investors admit—at least in private—that success carries the seeds of its own destruction. It’s a lot easier to rack up giant gains with a small fund than with a big one. A mutual fund can mitigate this problem by closing to new investors, shutting off the inflow of cash."
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