“Low cost index funds… you’re competing with a PhD in liquid dynamics from MIT… with supercomputers and AI.”

Scott Galloway · BiggerPockets Real Estate Podcast · Scott Galloway: Stop Being an Earner, Start Being an Owner

Play from 10:47
10:47

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What was described

Advocates using low-cost index funds instead of picking individual stocks

Said nearby on the same subject

“Once you've chosen that account, you can then transfer money into a stocks and shares ISA and preferably into a low-cost diversified fund”
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Said on Working Hard with Grace Beverley
How they work Share this moment
“You really need to look at the weighted average total cost of your portfolio… if you can keep it around about 0.3% of a percent, I think that it would suggest… low-cost traditional indexing plus some factor-based indexing”
SW
Stuart Weems
Investopoly ·
How they work 0.3% expense ratio Share this moment
“Instead of trying to pick the right hedge fund… just own these portfolios and hold them, I would do well”
ML
Matt Ludmer
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network ·
Contrarian take Share this moment
“Now imagine that this fund tracks something like an index. So something that has about 1% daily volatility. Now in this case, the break even return, the underlying stock is to be up, I think about 8.4% for the levered ETF and the underlier to have the same.”
CM
Chris Murray
The Rational Reminder Podcast ·
Pricing 8.4% annual break-even return Share this moment

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