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Big Critic Of ETFs Planning To Launch One Of His Own
FYI: Like many active managers, Mark Yusko of Morgan Creek Capital Management LLC has some serious gripes about the rise of exchange-traded funds and the ascendancy of passive investing.
Had an inkling it might be the same Morgan Cr. James Taylor made semi-famous in his song "Copperline," and it is ... song's a memoir of growing up half a mile from said creek, before it was "all spec house and plywood, tore up and tore up good." Kind of ironically, given the theme of the song, a bridge across it has been named James Taylor Bridge.
Sorry for changing the subject of the thread, but with the track record of the subject investment house, I didn't think it'd be going very far anyhow.
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https://sec.gov/Archives/edgar/data/1559098/000139834417003043/fp0024439_497.htm
Sorry for changing the subject of the thread, but with the track record of the subject investment house, I didn't think it'd be going very far anyhow.