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Mailbag: incl. What do you want in life? July 16, 2023

Motley Fool Money

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The Future Fund Should Index

I honestly think the future fund should index. I really, really do. The state pension fund is run by one bloke who just indexes. It's what he does. For it's a one-man investment committee that you work two or three other people. If none of you have value, you've got to accept you kind of value and you have to give it up and go to something else. Most super funds are not going to do that. That's why I love this bloke in the US. He can move large sums of money and be right off and enough. And if you're sometimes wrong, other times, net, net, there's a great investment manager.

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