active investment management

3 statements across 2 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jul 30, 2018 by Charlie Ellis · across every show →

Everything said about active investment management, oldest first

Jul 30, 2018 neutral
Assertion Not checkable as stated
Active investment professionals grew from under 5,000 to over one million
“The second thing is the number of people involved in active investment management, best I can tell, has gone from less than 5000 to more than one million. Over 5060 years.”
Charlie Ellis Jul 30, 2018 ▶ 18:16 Charley Ellis - Indexing and Its Alternatives (EP.62)
Jul 30, 2018 neutral
Assertion Supported
SEC disclosure rules eliminated active managers' private edge with company management
“First of all, the SEC now requires any publicly owned company that gives any useful information to any investor must simultaneously make a diligent effort to be sure everybody gets that same information. So no more private conversations with management.”
Charlie Ellis Jul 30, 2018 ▶ 18:01 Charley Ellis - Indexing and Its Alternatives (EP.62)
Dec 12, 2022 positive
Assertion Supported
Vanguard cuts allocations to active investment managers that grow too large
“When they think they've gotten to a scale with a manager that that manager is now going to run the risk of being too big, they will take money away and go look for other managers.”
Charlie Ellis Dec 12, 2022 ▶ 56:34 Charley Ellis - Figuring Out Investing and Vanguard (Capital Allocators, EP.286)
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