Transcript: Tim Buckley, Vanguard’s CEO
Barry Ritholtz
FEBRUARY 21, 2023
BUCKLEY: They were all institutional separate accounts. 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. RITHOLTZ: Billion with a B. BUCKLEY: $125 billion. RITHOLTZ: Wow.
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