
Eric Balchunas on the Vanguard Effect
Masters in Business
00:00
Indexing Is a New Trend
In 20 16, i think i totally didn't even answer your question. We got lots of time to make you answer the questions. You asked what the vanguard effect was in dollars. Let's talk about dolars. So indexing is a very new conversation. What is it new wants? And what is the mother of all trends is high cost to low cost. All right. In one of his speeches they's given the crew, he talks about how bot the crew is what they call the employers employees. Ye. He talks about vanguards mission will be, we'll start vanguards' mission when our market charrodes are set up. Everybody else has everybody else
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