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Burton Malkiel - Applying 'A Random Walk' to the World Today | #483

The Meb Faber Show - Better Investing

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The New Edition of Active Management

Most people who have been managing money currently have been doing it during the 80s, 90s and 2000s. We've had this environment kind of shift; you can get a decent bank account yield as long as you don't bank somewhere that gives you still one basis point. In fact, there's a lot of so-called greenwashing. What do these funds buy? Are Facebook or Meta as it's called now? Should I feel good because one of my big holdings is Visa that charges exorbitant interest raised to poor people? So when you kind of look at it, you find, hey, they may not be as pure as they should be.

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