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Elizabeth Holmes barred from federal health programs for 90 years
(arstechnica.com)
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this post was submitted on 20 Jan 2024
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There are exceptions to this, like Yale, Renaissance, Berkshire, and maybe Citadel. But most, even well-known funds, are run by incompetent people demanding extremely high fees, rendering any advantage they have over index funds essentially null (often even underperforming the market).