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Bob Elliott, Unlimited Funds – A Macro Masterclass | #458

The Meb Faber Show - Better Investing

CHAPTER

Investable Benchmarks

The world of tight money is going to create, you know, lower in general returns and it's going to create a real examination of the 700 billion dollars of fees that are being paid to two and 20 managers every day. And I think what we're going to find is that the vast majority of those two and20 managers aren't worth the fees that people are paying. If we can bring that to the world of two and 20, I think investors will be much, much better off than they are today across the board.

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