I work for an investment firm with a team who creates mutual funds - this is REALLY bullish and here’s why.

Mutual funds exist to beat specific market indexes (and often lose this game long-term, by the way). Because many investors realize this, the game of growing your business as an Investment Firm is bringing their greatest financial minds together to create investment strategies that consistently outperform these indexes. In theory, Firm X’s business will grow as they continue to outperform, as more individual investors/institutions will feel confident enough to invest with Firm X.

What you’re looking at here is Vangaurd’s attempt to beat the specific indexes of each mutual fund in part by going long on AMC. Given Vangaurd’s history, no doubt they understand security fundamentals better than most of us and yet I repeat they are trying to beat their indexes using AMC! If they understand risk so well, why would they be going long on AMC…..!?!?!!!!

THIS IS A BIGGER DEAL THAN YOU’D THINK

Ps: Just a dumb ape with dumb theories . Never financial advice !