is elon musk planning to start a mutual / hedge fund ?
there has been a lot of rants from him about how a lot of money is flowing into low cost index funds
but the funds make money from high expense ratios – actively managed funds
sometimes they exceed the market returns , sometimes they don’t
but even when the funds don’t better the market , they still get paid
so watch out for news that elon musk is starting a mutual fund or a hedge fund
