
MI237: Are We In an Index Fund Bubble? w/ Eric Balchunas
The Intrinsic Value Podcast - The Investor’s Podcast Network
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ETFs Are a Great Way to Get Factor Exposure
I love factor investing and ETFs provide a great way to get factor exposure without having to do it yourself in a systematic way of buying hundreds of securities. You can get that exposure now for under 20 basis points, which used to be something you could only get in a high cost hedge fund. Smart beta is sort of like active AI because they take something that used to be done by an active manager at the charge 1%. It's almost like they've taken Peter Lynch's brain and put it into R2 D2. That's the best metaphor I could come up with.
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