{"id":90988,"date":"2023-02-02T08:04:00","date_gmt":"2023-02-02T12:04:00","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=90988"},"modified":"2023-02-14T16:53:55","modified_gmt":"2023-02-14T20:53:55","slug":"disadvantages-of-mutual-funds","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/","title":{"rendered":"The Disadvantages of Mutual Funds: Everyone Can&#8217;t Win"},"content":{"rendered":"\n<p>How do mutual funds work? Why do mutual funds underperform index funds? <\/p>\n\n\n\n<p>Mutual funds generate profits for their investors by beating the market-average returns. According to John Bogle, the author of <em>The Little Book of <a href=\"https:\/\/www.shortform.com\/blog\/common-sense-pamphlet\/\">Common Sense<\/a> Investing<\/em>, doing so is a zero-sum game: For every investor whose returns are above-average, there must be another whose returns are below-average.<\/p>\n\n\n\n<p>Keep reading to learn about the disadvantages of mutual funds.  <\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-problem-with-mutual-funds-everyone-can-t-win\"><strong>The Problem With Mutual Funds: Everyone Can\u2019t Win<\/strong><\/h2>\n\n\n\n<p>Actively managed mutual funds generate profits by trying to beat the market-average returns. So, by definition, everyone can&#8217;t win: It\u2019s mathematically impossible for <em>everyone <\/em>to enjoy above-average returns.&nbsp;<\/p>\n\n\n\n<p>Another disadvantage of mutual funds is that they have much higher costs than index funds. So, after deducting the costs of investing, this zero-sum game becomes a loser\u2019s game: Because the average investor\u2019s gross returns (their returns before deducting investment costs) match the market average, the additional costs of investing cause investors\u2019 net returns (their actual returns minus investment costs) to fall below market average. So, funds with the highest investing costs typically fall furthest below the market average.<\/p>\n\n\n\n<p>(Shortform note: Although mutual fund performance looks grim when it comes to net returns, some researchers argue that <a href=\"https:\/\/mba.tuck.dartmouth.edu\/bespeneckbo\/default\/AFA611-Eckbo%20web%20site\/AFA611-S8C-FamaFrench-LuckvSkill-JF10.pdf\">top mutual fund managers fare better when examining gross returns<\/a>. In particular, simulations suggest that some managers\u2019 gross returns outperform the market to a degree not attributable to luck. However, these simulations similarly find that other active managers underperform the market to a statistically significant degree. Thus, although truly skilled managers may exist, they\u2019re offset by incompetent ones.)<\/p>\n\n\n\n<p>Because they attempt to outperform the market, mutual fund managers can\u2019t follow the same strategy as index funds, which attempt to generate market-average returns. For one, mutual fund portfolios contain far fewer stocks than index funds. Additionally, because mutual fund managers are constantly purchasing and selling stocks, Bogle observes that mutual funds have much greater portfolio turnover than index funds.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><a href=\"https:\/\/www.shortform.com\/blog\/the-efficient-market-hypothesis\/\">The Efficient Market Hypothesis<\/a>: Are Mutual Funds Guaranteed to Fail?<\/strong><br><br>According to some experts, the stock market is completely <em>efficient<\/em>\u2014in other words, the <a href=\"https:\/\/www.forbes.com\/advisor\/investing\/efficient-market-hypothesis\/\">current stock market prices perfectly reflect all available information<\/a>. Because information about companies is instantly represented via the purchases and sales of stocks, proponents of the <a href=\"https:\/\/www.shortform.com\/blog\/efficient-market-hypothesis-explained\/\">efficient market hypothesis<\/a> argue that stocks are always fairly priced. Consequently, they conclude that it\u2019s impossible for investors to find stocks that are overvalued or undervalued; rather, all stock prices precisely reflect fair values.<br><br>If the efficient market hypothesis is true, then no amount of research by active mutual fund managers will yield novel insights into which stocks to purchase or sell. After all, the efficient market hypothesis holds that such insights are <em>already <\/em>baked into stocks\u2019 prices. Indeed, proponents suggest that this hypothesis explains why <a href=\"https:\/\/www.thebalancemoney.com\/index-funds-and-efficient-markets-2466394\">most mutual funds don\u2019t deliver above-market returns<\/a> long-term.&nbsp;<br><br>However, the success of some active managers\u2014like Magellan\u2019s Peter Lynch, who <a href=\"https:\/\/www.investopedia.com\/terms\/p\/peterlynch.asp\">far outstripped the S&amp;P 500 with 29% annual returns<\/a> between 1977 and 1990\u2014cast doubt on this hypothesis. Indeed, if the efficient market were true, then Lynch\u2019s success is attributable to luck alone.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>How do mutual funds work? Why do mutual funds underperform index funds? Mutual funds generate profits for their investors by beating the market-average returns. According to John Bogle, the author of The Little Book of Common Sense Investing, doing so is a zero-sum game: For every investor whose returns are above-average, there must be another whose returns are below-average. Keep reading to learn about the disadvantages of mutual funds.<\/p>\n","protected":false},"author":7,"featured_media":47478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,31],"tags":[880],"class_list":["post-90988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-money","tag-the-little-book-of-common-sense-investing","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Disadvantages of Mutual Funds: Everyone Can&#039;t Win - Shortform Books<\/title>\n<meta name=\"description\" content=\"The main disadvantage of mutual funds is that everyone can&#039;t win. It\u2019s mathematically impossible for everyone to enjoy above-average returns.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Disadvantages of Mutual Funds: Everyone Can&#039;t Win\" \/>\n<meta property=\"og:description\" content=\"The main disadvantage of mutual funds is that everyone can&#039;t win. It\u2019s mathematically impossible for everyone to enjoy above-average returns.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Shortform Books\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T12:04:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-14T20:53:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.amazonaws.com\/wordpress.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"752\" \/>\n\t<meta property=\"og:image:height\" content=\"379\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Darya Sinusoid\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Darya Sinusoid\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\"},\"author\":{\"name\":\"Darya Sinusoid\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/0421cce75bc249b11e2517b3a91f9c46\"},\"headline\":\"The Disadvantages of Mutual Funds: Everyone Can&#8217;t Win\",\"datePublished\":\"2023-02-02T12:04:00+00:00\",\"dateModified\":\"2023-02-14T20:53:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\"},\"wordCount\":529,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg\",\"keywords\":[\"The Little Book of Common Sense Investing\"],\"articleSection\":[\"Economics\",\"Money\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\",\"name\":\"The Disadvantages of Mutual Funds: Everyone Can't Win - Shortform Books\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg\",\"datePublished\":\"2023-02-02T12:04:00+00:00\",\"dateModified\":\"2023-02-14T20:53:55+00:00\",\"description\":\"The main disadvantage of mutual funds is that everyone can't win. It\u2019s mathematically impossible for everyone to enjoy above-average returns.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage\",\"url\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg\",\"contentUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg\",\"width\":752,\"height\":379,\"caption\":\"How to Invest Wisely in the Stock Market\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.shortform.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Disadvantages of Mutual Funds: Everyone Can&#8217;t Win\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\",\"url\":\"https:\/\/www.shortform.com\/blog\/\",\"name\":\"Shortform Books\",\"description\":\"The World&#039;s Best Book Summaries\",\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.shortform.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\",\"name\":\"Shortform Books\",\"url\":\"https:\/\/www.shortform.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png\",\"contentUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png\",\"width\":500,\"height\":74,\"caption\":\"Shortform Books\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/0421cce75bc249b11e2517b3a91f9c46\",\"name\":\"Darya Sinusoid\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/07\/Untitled-design-1.png\",\"contentUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/07\/Untitled-design-1.png\",\"caption\":\"Darya Sinusoid\"},\"description\":\"Darya\u2019s love for reading started with fantasy novels (The LOTR trilogy is still her all-time-favorite). Growing up, however, she found herself transitioning to non-fiction, psychological, and self-help books. She has a degree in Psychology and a deep passion for the subject. She likes reading research-informed books that distill the workings of the human brain\/mind\/consciousness and thinking of ways to apply the insights to her own life. Some of her favorites include Thinking, Fast and Slow, How We Decide, and The Wisdom of the Enneagram.\",\"url\":\"https:\/\/www.shortform.com\/blog\/author\/darya\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Disadvantages of Mutual Funds: Everyone Can't Win - Shortform Books","description":"The main disadvantage of mutual funds is that everyone can't win. It\u2019s mathematically impossible for everyone to enjoy above-average returns.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/","og_locale":"en_US","og_type":"article","og_title":"The Disadvantages of Mutual Funds: Everyone Can't Win","og_description":"The main disadvantage of mutual funds is that everyone can't win. It\u2019s mathematically impossible for everyone to enjoy above-average returns.\u00a0","og_url":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/","og_site_name":"Shortform Books","article_published_time":"2023-02-02T12:04:00+00:00","article_modified_time":"2023-02-14T20:53:55+00:00","og_image":[{"width":752,"height":379,"url":"https:\/\/s3.amazonaws.com\/wordpress.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg","type":"image\/jpeg"}],"author":"Darya Sinusoid","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Darya Sinusoid","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#article","isPartOf":{"@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/"},"author":{"name":"Darya Sinusoid","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/0421cce75bc249b11e2517b3a91f9c46"},"headline":"The Disadvantages of Mutual Funds: Everyone Can&#8217;t Win","datePublished":"2023-02-02T12:04:00+00:00","dateModified":"2023-02-14T20:53:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/"},"wordCount":529,"commentCount":0,"publisher":{"@id":"https:\/\/www.shortform.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg","keywords":["The Little Book of Common Sense Investing"],"articleSection":["Economics","Money"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/","url":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/","name":"The Disadvantages of Mutual Funds: Everyone Can't Win - Shortform Books","isPartOf":{"@id":"https:\/\/www.shortform.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage"},"image":{"@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg","datePublished":"2023-02-02T12:04:00+00:00","dateModified":"2023-02-14T20:53:55+00:00","description":"The main disadvantage of mutual funds is that everyone can't win. It\u2019s mathematically impossible for everyone to enjoy above-average returns.\u00a0","breadcrumb":{"@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#primaryimage","url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg","contentUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg","width":752,"height":379,"caption":"How to Invest Wisely in the Stock Market"},{"@type":"BreadcrumbList","@id":"https:\/\/www.shortform.com\/blog\/disadvantages-of-mutual-funds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.shortform.com\/blog\/"},{"@type":"ListItem","position":2,"name":"The Disadvantages of Mutual Funds: Everyone Can&#8217;t Win"}]},{"@type":"WebSite","@id":"https:\/\/www.shortform.com\/blog\/#website","url":"https:\/\/www.shortform.com\/blog\/","name":"Shortform Books","description":"The World&#039;s Best Book Summaries","publisher":{"@id":"https:\/\/www.shortform.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.shortform.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.shortform.com\/blog\/#organization","name":"Shortform Books","url":"https:\/\/www.shortform.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png","contentUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png","width":500,"height":74,"caption":"Shortform Books"},"image":{"@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/0421cce75bc249b11e2517b3a91f9c46","name":"Darya Sinusoid","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/07\/Untitled-design-1.png","contentUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/07\/Untitled-design-1.png","caption":"Darya Sinusoid"},"description":"Darya\u2019s love for reading started with fantasy novels (The LOTR trilogy is still her all-time-favorite). Growing up, however, she found herself transitioning to non-fiction, psychological, and self-help books. She has a degree in Psychology and a deep passion for the subject. She likes reading research-informed books that distill the workings of the human brain\/mind\/consciousness and thinking of ways to apply the insights to her own life. Some of her favorites include Thinking, Fast and Slow, How We Decide, and The Wisdom of the Enneagram.","url":"https:\/\/www.shortform.com\/blog\/author\/darya\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2021\/08\/wall-street-wallstreet-investing-stock-market.jpg","_links":{"self":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts\/90988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/comments?post=90988"}],"version-history":[{"count":3,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts\/90988\/revisions"}],"predecessor-version":[{"id":92270,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts\/90988\/revisions\/92270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/media\/47478"}],"wp:attachment":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/media?parent=90988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/categories?post=90988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/tags?post=90988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}