Index Funds take none of the profits, 0.25% of the assets

Traditional Stock Funds take none of the profits, 1% of the assets

Hedge Fund Managers take 20% of the profits, 2% of the assets

Private Equity takes 20% of the profits, 2% of the assets

Venture Capital takes 20% of the profits, 2% of the assets

Divorcing Wives take 50% of the profits, AND 50% of the original assets, sometimes more.

Who are the amateurs in this comparison?