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Bill Bernstein on Financial History, Star Managers & The 4 Pillars of Investing | #490

The Meb Faber Show - Better Investing

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The Impossible Job in the World

"That is the most unenviable and hardest job in the world," he says. "The pension funds and the endowments will continue to employ them because they want to be able to blame somebody else when their policy goes south"

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