Andrew Clark
Andrew Clark
dancing hit people puzzling streets
One of the things we've been puzzling over here in the U.S. is that people haven't been dancing in the streets as the S&P 500 and Nasdaq hit new four-year highs.
cheaply compete entering higher include managers paying payment perform trying
You're entering into a world where you're paying for services. And often that will include a higher payment for managers as long as they perform well. On the no-load side, they're really trying to do everything as cheaply as they can. They have to compete on price.