Episode 013: Luck, Tricks and Wall Street
INVESTING (EVERYONE). Recorded February 1, 2023. Published February 3, 2023.
Despite the evidence that few active investment strats consistently outperform the market, most of "us" still get suckered into paying active fees.
While falling as a percentage of AUM, active funds over all geographies and asset classes continue to dominate.
Episode 13 of At The Rotterdam finds Jeff and Rasheed explaining how our own biases drive us towards active investment strategies, and how Wall Street takes advantage of our weaknesses.
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