Howard Marks Discusses the Interest-Rates Machine
Masters in Business
00:00
Is It a Cyclic Between Passive and Active?
For many years, all money was run actively. There were no index funds, there were no passive products. Now, anybody who wants to invest has the option of doing it passively or in an index vehicle at a very low fee. And so, now, we're in a new era where you're more likely to get what you pay for.
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Transcript
