Grifting and ETFs
Ed argues that we are officially in an era of grifting, marked by shameless scams that are widely accepted. Scott highlights the underperformance of active managers compared to index funds, suggesting that the public is waking up to the reality that traditional investment strategies may be more of a slow grift than a viable path to success. Both emphasize the shift in investment strategies towards global ETFs as a response to these revelations.In this clip
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Prof G Markets
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