Eric Balchunas on the Vanguard Effect
Masters in Business
00:00
The Core of a Portfolio Will Be Low Cost, Passive
"I don't remember a politician misunderstanding. Hey, burney, not for nothing, but all your supporters are giant winners because of anger," he writes. "What's going to happen is active won't die. It's just going to get crazier." He adds that if you have vanguard and the corps, you want a little wild and crazy. 'If anybody should understand mutualization and communal ownership, it's a socialist'
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