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Patrick O'Shaughnessy on the Next Big Thing in Passive Investing
Odd Lots
Is There a Better Wrapper Than ETF?
There's just no better wrapper than the e t f, cause you don't have to pay the ongoing taxes as a taxable investor. So high turnover strategies will always, and should always, live in in e t f for the most part. Unless you kdon deep custom ation is really important to the investor, in which case they may go custom index, but below that threshold. And this applies to mutual funds too, you know, more of which are converting to e t f or will in the future.
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