mutual fund
A mutual fund is the magic box of asset management that promises diversified investments but spectacularly concentrates losses in one place. It grants the comfort of participating in a vast market with little capital, while price movements dance in a carnival for all to join. When performance is strong, the professional's skill is praised; when it falters, the entire market is blamed. It is a device that, under the guise of risk management, orchestrates an illusion where investor regret and hope mingle freely.