hyporational comments on Rationalists Are Less Credulous But Better At Taking Ideas Seriously - Less Wrong

43 Post author: Yvain 21 January 2014 02:18AM

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Comment author: hyporational 29 January 2014 05:30:33PM 0 points [-]

An index fund's most striking feature is that it invests passively, that is its managers generally don't have to make any decisions, they just have to follow publicly announced rules. I don't think a fund is more "indexy" if it owns more or more diverse assets.

Yup. Take an actively managed fund that seems to be indexy by ygert's standards today. It might not be so indexy tomorrow.