Marginal Trader

topic on 1 show · 1 statements across 1 episodes

Acquired

1 statements about Marginal Trader, every show

ACQUIRED 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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