“If I am going to be investing in anything other than an index fund, I need to have better information than the professional investors out there.”
AE
Alex Edmans
The Rational Reminder Podcast ·
“If the funds has no initial charge, that is attractive even if the annual management charge is high… people will allocate to the one with a better historical return without realizing.”
Alex Edmans · The Rational Reminder Podcast · The Madness of Markets (Alex Edmans)
Play from 42:07
42:07
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What was described
Investors choose higher-fee index funds when a more recent performance window (e.g., 8-year returns) is more salient than a lower-fee fund with a less attractive window
Said nearby on the same subject
“Ten months ago, his company, Eller Industries, paid more than $750,000 for an exclusive window of time to acquire the Indian brand at a full asking price of $20 million.”
♫
Said on Business Wars
“We spent six months basically fundraising on Zoom... that year there was so much interest in what was happening in biotech... we took advantage of that window to be able to create that first fund. That first one was a 500 million vehicle”
SG
Simeon George / SR1 Capital Management
Business Of Biotech ·
“If we do replicate the replicators, we actually end up with better performance… less churn for rebalances… lower fees and better cash management”
PW
Patrick Welton
Top Traders Unplugged ·
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