Small Investors and ETF Industry Trends

(Seeking Alpha) Several recent articles, such as this one from Seeking Alpha, note that individual retail investors appear to be benefiting from the trend of using ETFs in more portfolio applications. According to Seeking Alpha, assets in ETFs exceed the assets in hedge funds, which I thought was interesting. But then I thought back over my 40-plus years in the finance industry and realized that this makes perfect sense.

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