Afford Anything cover image

The Radical Invention of the Index Fund, with Robin Wigglesworth

Afford Anything

00:00

Active Managers Aren't Just Bad, They're Smart and Hard Working

A big part of it is just costs. The difference between paying four, five basis points for cheap index fund and one % for a mutual fund,. or two % plus for hedge funds, is just to enormous overtime. There are few companies that actually count for a massive amount of the overal wealth generated by the stock market. And even if you do a great job with the remaining companies, you'll still unto perform the market.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app