marginal trader

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement May 18, 2026 by Ben Gilbert · across every show →

Everything said about marginal trader, oldest first

May 18, 2026 positive
Insight
Passive indexing reaching 95% of market assets would not break price discovery
“I think even if you had 95% passive, the prices are set by the marginal trader. Right. You don't need very many people in there arguing with their dollars about what something is worth to figure out what it's worth.”
Ben Gilbert May 18, 2026 ▶ 3:21:13 Vanguard: The communist capitalist who saved investors a trillion dollars (Audio) · Acquired
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