While Vanguard Is Having An ‘Identity Crisis’, I Just Want To Know If I’m ‘Passively’ Or ‘Actively’ Long Jesus

While Vanguard Is Having An ‘Identity Crisis’, I Just Want To Know If I’m ‘Passively’ Or ‘Actively’ Long Jesus

Let me ask you something: if I am long ticker: BLES am I "passively" or "actively" long Jesus? It's a good question. To look at the expense ratio, I'd have to say that my faith is being expressed "actively" because after all, the fund's sponsors are charging 61bps (or six times as much as what I would pay for SPY) ostensibly to ensure that my money is being allocated in a way that pleases Jesus. That said, if you look at the fund's holdings, it kinda looks like just a big basket of stocks that
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2 thoughts on “While Vanguard Is Having An ‘Identity Crisis’, I Just Want To Know If I’m ‘Passively’ Or ‘Actively’ Long Jesus

  1. You know, when you think about it… if everyone just bought and held stocks and when they died they gave them to their kids who bought and held more stocks and no one ever sold a stock again this would probably work out just fine in the end.

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