
Rerun: Ep4 "Making Bad Investments Profitable" with Pete Briger
All Else Equal: Making Better Decisions
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Hiring Top Talent in Football and Money Management
This chapter explores the importance of evaluating the price paid for hiring top talent in football and money management, comparing investing in Vanguard funds to traditional money managers. It delves into the diminishing returns to scale in money management, discussing how past performance of managers does not guarantee future success and how investor decisions are influenced by performance expectations.
Transcript
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