Remove Mutual Funds Remove Performance Fees Remove Stock Market
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Transcript: Dominique Mielle

The Big Picture

RITHOLTZ: It’s mutual funds. It’s hedge funds. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. And how has this gap persisted for so many decades? There’s now been four studies.

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1 Brilliant Way You Can Beat the Stock Market Experts in 2025 and Beyond

The Motley Fool

There's hardly any arguing with the fact that investing in the stock market is one of the best ways to build wealth. based active fund managers underperformed the broader S&P 500. It's not difficult to realize that over time, a large chunk of client capital in these funds gets eaten up by fees.