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<p>[QUOTE="geekpryde, post: 1442505, member: 36248"]You're kidding right? Because if you're not, you are ignoring stone cold fact. I read about active investing because it helps me understand the mindset of people who dont understand /dont want to believe simple fact and history. It gives me insight into an opposing philosophy. Maybe you should try the same, and read a few good books on passive investing. Even if you are a complete skeptic of MPT, low fees = higher returns, the actual history of finance (not your made up version), you should consider checking out the other side. It might be an eye-opener for you....</p><p><br /></p><p>Please dont think I am trying to be rude. Becuase I am not very eloquent and don't think I will be able to convince you active investing is a swindle, I am going to leave it at this:</p><p><br /></p><p>The Four Pillars of Investing should be required reading for EVERYONE in this country. There simply is not a better book out there on passive investing / financial history. It blows other great financial books out of the water, I should know, I have read them all and like most of them. A normal person with limited interest in reading about financial matters can pick it up and UNDERSTAND it. It just clicks for people. GO READ IT![/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 1442505, member: 36248"]You're kidding right? Because if you're not, you are ignoring stone cold fact. I read about active investing because it helps me understand the mindset of people who dont understand /dont want to believe simple fact and history. It gives me insight into an opposing philosophy. Maybe you should try the same, and read a few good books on passive investing. Even if you are a complete skeptic of MPT, low fees = higher returns, the actual history of finance (not your made up version), you should consider checking out the other side. It might be an eye-opener for you.... Please dont think I am trying to be rude. Becuase I am not very eloquent and don't think I will be able to convince you active investing is a swindle, I am going to leave it at this: The Four Pillars of Investing should be required reading for EVERYONE in this country. There simply is not a better book out there on passive investing / financial history. It blows other great financial books out of the water, I should know, I have read them all and like most of them. A normal person with limited interest in reading about financial matters can pick it up and UNDERSTAND it. It just clicks for people. GO READ IT![/QUOTE]
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