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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Is That Too Much?
Vanguard's overall corporate structure is very different the funds on the adviser and the transfragis a unique model. And one of the things they were doing was securities lending, which i wasn't really aware of. They can turn around and take the s indac o, satransara, i re do thes at ten basis points. That's ten basis points their transactions is very quickly if you get to megame size. So make a lot of money from security lending that comes back to the fund because the hedge fund owns it. I think if you hav other structure, like vanguard’s, so all your expenses are wiped out in some way or another.
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