160 What Corporate America Doesn’t Tell You They’re Doing | Jordan Peterson and Vivek Ramaswamy
The Mikhaila Peterson Podcast
What Is an Index Fund?
The rise of passive index funds is a parallel to what happened in social media, which i think most people understand better. Jack bogle, the founder of vanguard, kind of said at you know, that was bunk. 99 % of those people or monkeys throw in darts on a board. They're not out performing. They're just charging you a high fee for it. So what well, invent is a new industry that offers you really low fee exposure to the market. It's just about owning the market. But you get to own the market for a much lower fee than so called actively managed funds,. Like mutual funds reatin the little evidence, there is no evidence that actively managed
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