Remove Healthcare Remove Hurdle Rate Remove Leadership Remove Leverage
article thumbnail

Transcript: Tim Buckley, Vanguard’s CEO

Barry Ritholtz

A second guess would have been a healthcare company. BUCKLEY: I think it’s one huge lesson for us, and it’s brought out in our leadership team. If you look at that ETF low cost leadership space, I believe 86 percent of our assets would now be considered lowest cost. That means a low hurdle rate.

article thumbnail

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.