Critique someone's investment knowledge and suggest that their narrow focus on fees and returns is misguided.
Jimmy, you're embarrassing yourself. The more you write the more ridiculous you sound. Your writing and opinions are the perfect example of someone who has read everything and experienced nothing. If you could only manage someone else’s money for a day you would understand why all of the various investment products have a place in the world, and why return and fee’s falls somewhere near the bottom of the list of items that are important to investors. I'd love to watch you launch into a rant on fees, alpha, and "studies" with Mrs. Smith staring back at you with an empty look on her face.  Your mistake is believing that it all boils down to fee’s and returns. If the only thing that mattered to investors was performance, how do you explain the $16+ billion in the Investors Div Fund? It must kill you to realize that everyone else knows something you don't - that it's not only about fees and return.  I won't tell you what it is about though-I prefer to watch you make a fool of yourself