Jeff Ptak – The Prospects for Active Management - [Invest Like the Best, EP.16]
Invest Like the Best with Patrick O'Shaughnessy
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What look like very low cost solutions can actually be quite high cost when you back the percentage of the portfolio that's just exactly overlapped with, you know, now virtually free a total market fonse. Morning star doesn't have an expense ratio that's adjusted for the level of activeness, if you will, within a portfolio. But i think that's a perfectly valid way to look at things and try to derive a sense of the value that you ah are crewing as an investor.
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