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The Importance of Being Cheap
JP Morgan DFA capital group, they all came out with cheap active in particular. I think Kathy deserves a lot of credit for kicking down the doors that you can actually be a rock star manager. Her active is shiny object active. It's hot sauce active. And so she charges over 70 basis points. So what we try to tell people again is it comes down if you're active or passive, you kind of need to be cheap or shiny.