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John Authers & Michael Gayed: Unraveling the Peak Passive Debate

Lead-Lag Live

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The Importance of Long Term Investing

I don't think it's a good idea in the broad sense for everybody to hold passive index funds. We need some way of finding a format for long term investing such that you can actually hold long term investments in there. The kind of idea I've knocked around is if you're making compulsory allocations at a young age, if you're in your 20s or 30s, you should probably have a default that goes straight to some pretty high-feluting, risky, illiquid stuff. If you genuinely can wait 35, 40 years for your money, that's probably if it's well managed, going to be where it can give you the most ultimate bang for the buck. As

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