<prompt> Human: I keep hearing things on this subreddit saying lower expense ratio is better. But I just found this saying otherwise...  <response>: This is semantics. The author is complaining about language used in some Morningstar study. OK. I agree, you shouldnt talk in absolutes when it comes to investing. If you look at the index fund graph vs the active managed graph sure, some of the higher expense ratio funds get higher returns. Can you pick those funds reliably? I cant, I bet you cant and Id also bet that the author of the article, a certified financial planner cant. Lets be fair, he HAS to write articles like this, otherwise how else can he justify the fees he charges? 