It used to be a lonely endeavour when I was advocating ETF investing more than 10 years ago. Today, the awareness has been a lot higher and in fact, there are plenty of ETF advocates and their voices are beginning to sound like a broken record. I tend to play the counterweight to any dominant thought of the day. So I would like to sing the opposite tune to ETFs for once. Most of the ETF advocates sounded like these, “Most professionals cannot beat the markets, what makes you think you can? If you can’t beat the market, buy the market!” “Fees can compound over time and erode your returns. Choose low-cost ETFs.” “Warren Buffett has left instructions to invest 90% of his estate into S&P 500 index funds and 10% in government bonds. He’s the most well-known stock picker and he is saying ETFs are the best bet after his death!”...