Eric Balchunas on the Vanguard Effect
Masters in Business
00:00
Investing in the Market
The financial crisis was the last straw for a lot of main street investors. Reconet: If you're buying an active fund, verses an index, you're buying it. I think books on behaviour and psychology need to give vanguards, index funds and bogel way more credit than they do. And i believe i have the ability to either pick the guy that's going to o perform, or pick the guy who picks the guys that i perform.
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