Remove Benchmarking Remove Hurdle Rate Remove Leverage
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Transcript: Tim Buckley, Vanguard’s CEO

Barry Ritholtz

And right now, you look back over 10 years, our active funds, 94 percent are outperforming their competitive group averages, 68 percent are outperforming their benchmarks. That means a low hurdle rate. We measure our success by how are our funds doing, and we look back long-term performance. So we do that.

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Transcript: Julian Salisbury, GS

Barry Ritholtz

But I would say generally, there’s less leverage in the system. But I don’t think this is a wholesale shift, we’re in a higher rate environment, obviously, for now. So you’ve got to be really mindful that you’re getting paid enough on a nominal return basis versus the risk-free rate.

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Transcript: Stephen Suttmeier

Barry Ritholtz

00:26:19 [Speaker Changed] It, it’s, it’s usually it is aggressive shorts from leveraged funds on s and p futures. Here’s how I would identify a core along you, you first and foremost, you identify what your benchmark is, how are you measuring your performance? You can see it also in futures positioning.