Shock the Monkey

unsolicitedanalysis:

As for index funds, your trained monkey hasn’t eaten in 10 years of net negative S&P 500-indexed returns.  The monkey is dead.  Just because we enjoyed 30 years of average 8-12% returns doesn’t mean they’re guaranteed by god or country.  Active management of capital drives a capitalist society forward – index funds are merely dumb piles of loot for the theoretical man in the business suit to the far right to squeeze when necessary.

(via tart-tart)

Do you mean these ten years?

I’m sure the monkey actually gave his life trying to protect the bonuses. At all costs and whatever the outcome.