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Frank Holmes, U.S. Global Investors, HIVE Blockchain – JETS, Bitcoin vs. Gold, & How To Play Supply Chain Issues | #371

The Meb Faber Show - Better Investing

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How to Compete With a Vanguard if You Have Independent Boards

The solar e t f had something like a seven percentage point yield from securities lendings of 700 bases points that they return to shareholders. What makes it hard is that how do you compete with a vanguard if they have a special structure and you have independent trustees? And they say, why can't you be cheap like them? Well, because their overall structure lends it just the same as the e t f structure has or tax benefits that weach of us don't have. So i think it's an ongoing challenge for a lot of investment visers with independent boards. Thete's only so much further you can drop your expenses if you're going to have analysts. Cause expense ratio gets

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