Question-Are the "BIC ETF Alternative Recommendations" listed in order of preference or are they just a group of alternatives and it doesn't really matter which one you choose?
when your family receives your inherited assets after you die, will your family sell your small cap first ? Did you leave them instructions? What if they don't know what a mutual fund is? Did they understand your portfolio allocation from the complicated instructions you leave behind?
It’s amazing to see the performance of SPY vs Small Cap Value for the past 5 years as an example. I am so glad not in this asset underperforming class.
11:30 it’s not “confidence in history” one needs, it’s understanding of how markets work. An efficient market discounts the expected future cash flows of small value companies at a higher rate
9:00 Chris misses so many opportunities to discuss market efficiency. Interest rates are immediately incorporated into the discount rates of equities. All widely known information is reflected in prices. People have won Nobel prizes over this.
Q&A is as valuable as the presentation itself. Many thanks
Question-Are the "BIC ETF Alternative Recommendations" listed in order of preference or are they just a group of alternatives and it doesn't really matter which one you choose?
Paul and Chris are the best!
when your family receives your inherited assets after you die, will your family sell your small cap first ? Did you leave them instructions? What if they don't know what a mutual fund is? Did they understand your portfolio allocation from the complicated instructions you leave behind?
@@blackfiree91 what
@@Kep19901 exactly kevin. Exactly.
@@blackfiree91 whotf is kevin lmao
@@Kep19901 Now isn’t the time to play dumb Kevin.
Good job at answering all the fastball questions Chris. Love listening to all you guys at the Merriman foundation.
Glad you enjoyed it!
It’s amazing to see the performance of SPY vs Small Cap Value for the past 5 years as an example. I am so glad not in this asset underperforming class.
11:30 it’s not “confidence in history” one needs, it’s understanding of how markets work. An efficient market discounts the expected future cash flows of small value companies at a higher rate
🤘
9:00 Chris misses so many opportunities to discuss market efficiency. Interest rates are immediately incorporated into the discount rates of equities. All widely known information is reflected in prices. People have won Nobel prizes over this.