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John Authers & Michael Gayed: Unraveling the Peak Passive Debate

Lead-Lag Live

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Lessons Learned From the GFC

I think it's perhaps that there was over excitement about private investments that rely on leverage. I believe in free markets and take the libertarian perspective, but when it comes to helping people save for retirement, it is actually necessary to be quite uncomfortably paternalistic with them. Yes, people do actually want it to be as simple as look right, look left and cross when the light starts flashing. And it cannot be made that simple. But one of the things that was very interesting was you did get to see what the readership thought. Very intelligent, sophisticated people came up with stunningly stupid ideas about what they should be investing in or obviously really didn't understand critical elements of what you

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