Mutual funds are great for people who do not have the time or resources necessary to follow an investment.

The problem with mutual funds is the members of the funds end up surrending control that comes with an investment to the fund owner.

The structure leads to a system where control of the financial world is in the hands of a few powerful investors, ie, excessive centralization.

From an individual perspective group investments are great.

From a structural perspective such investments fuel the furnace of centralization and concentration of wealth.

!WINE