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Eric Balchunas on the Vanguard Effect

Masters in Business

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The Cabernet Ladder in Bassett Management

There's still a decent caberne a lane in bassett management that can only happen on the broker's side. If you put something out there for that cheap, youre almost going to always look to make money somewhere elset. That's what makes vanguard unique. There is no curtain to pull. It's just that cheap. Got that's their business model.

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