Comment by zetazzed

I'm curious - do any HN readers invest heavily in actively-managed mutual funds or hedge funds where you aren't personally involved? I feel like it has become a widely-held belief among young, somewhat-affluent techies that index funds are the way to go, with some preferring to pick their own stocks and very few willing to pay significant management fees for someone to pick their publicly-traded equities. But maybe I'm wrong here? Anyone care to share your pro-active-management reasoning?