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Is Active Management Getting Less Efficient?
The banks probably have a lot to do with that. The fees charge in those funds are much higher than all those other ones mentioned combined, for sure. We haven't seen any data to support active management is as winning like. It's not starting to out perform constantly. we're definitly not seeing that. Im so that that doesn't support the idea that markets are getting less efficient. I and you don't need a lot of people to have market efficiency. Yes, know, efficiency in price discovery ind the research being done. And e hard to see it becoming inefficient any time soon. Right? As indexing grows and people investors realize that, hay, indexingis an