Indexes
topic on 3 shows · 5 statements across 4 episodes
BigDeal 
Capital Allocators 
20VC
5 statements about Indexes, every show
Senra: Morgan Housel keeps all his money in index funds
“Morgan doesn't because Morgan doesn't invest in anything. What do you think? All his money is in indexes.”
Gerstner: Average VC returns over 10-20 years underperform public market indexes
“And the fact of the matter is, I mean, if you look back 1020 years, average VC returns are not that compelling. In fact, they're worse than the indexes.”
Mauboussin: Non-fundamental demand shocks create excess returns in asset markets
“So there have been some really interesting papers about, like, who has the money, what do they want to buy, and what does that mean for these downward sloping demand curves, and there's good evidence that you create these sort of excess returns as a consequenc…”
Friedman: Active managers will profit massively when indexation hits 95%
“I'm waiting for the day when the key is to have staying power to last, is when, you know, the machines or the indexes are 95% of the market. Then you'll make money hand over”