Eric Balchunas on the Vanguard Effect
Masters in Business
00:00
The Bear Markets Are Going to Speed Up - Is That Really the Case?
Bill mc nab, the previous a vanguard ceo, told a fascinating story on that topic. It was one of those years where a lot of active managers did worse in the market. He came to realize, hey, our folks have to sound like they're comfortable,. They can't reflect the fear from clients. So he does int all hands on deck. And this year is no exception. A vanguard is leading floes.
Play episode from 31:26
Transcript
