4min chapter

FYI - For Your Innovation cover image

Discussing The Current State Of The Investment Industry with Eric Balchunas

FYI - For Your Innovation

CHAPTER

Taking Risk Is What the Industry Is Being Paid to Do

Sally Kohn: I'm trying to put myself in the mind set of somebody who, for whatever reason, loves the s and p. But then there's stuff like a, like the single tesla e t f, i mean, has like 30 million dollars. She says it could totally subvert the total average returns you're trying to get with that index fund.Kohn: You can't curb all of this innovation and capitalism just to appeal to maybe the minority of people who are just gaga over vanguard.

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