Watch his other videos, and you will realize how smart this guy is. He is exactly right when he talks about mutual funds, no one can consistently beat the market over extended periods, unless you are Warren Buffett. I am a passive investor myself with Vanguard and I will do better than 95% of people who try to beat the market. So if you think Bryan is such an idiot it's probably because you let CNBC brainwash you. Go listen to what Jim Cramer and Suze Ormann tell you what to do with your mone
I love ideas and the key bobbybostic would be to give some rationale for your comment. Wild statements and words are a dime a dozen....Let's hear some facts or beliefs of why I am an idiot on this issue and we'll examine them together to see who would be making more sense. I will wait for your response.
Just adding to my defense of the guy who didn't expand on your "idiot-ness", since many of their funds are international and there are other exchanges in the world, your "big numbers" statements are just plain silly. Also, if you look at their results over pretty much any period, you'd see that they beat the market pretty much all the time! BTW, I loved it when you get all lost in your own logic and say: "let's scratch all that and.." and then go off on an uneducated ramble. You're a joke!
Examine American Funds long term performance, they beat the market on a very regular basis and when compounding those gains over a long period of time the difference is huge. They are a long term focused mutual fund who doesn't attempt to pick hot stocks, they pick quality companies and buy them with the attitude of owning the business and sharing in the profits over long periods of time. Their risk adjusted returns are exceptional. What kind of portfolio have you held since 2000?
His logic is totally off base. He tried to do some math, but quickly went off on a non-sensical tangent about active management. Let's try some math here. There were $19bn in outflows (according to his source)... American Funds has about 28 funds in their family.. If everything came out of a single fund on a single day and was all traded on the NYSE, it would be only be 12% of daily volume (avg daily vol on the NYSE is $150bn). Spread out over the year and they are but a pinprick..
Interesting question-I will guess you are an industry person since you bring up FINRA since most individuals have no idea what that is. Simple answer: Why would I want to have something approved by an entity that regulates Broker Dealers (Self Regulating Organization: SRO). Please research 'suitability rule' and Fiduciary rules. Registered Investment Advisors fall under different rules due to our Fiduciary guidelines.
Thanks Jhole3 for the comment. I apologize when I talked about 'getting into position' I meant to say 'buying a stock' and instead said mutual fund. You can notice later when I talk about buying international small companies....that i was talking about stocks. I'll re-edit it to not confuse other and I really appreciate your pointing this out. Actually I'll all annotations noting what I meant to say and my 'vocab mistake'. The overall point remains, Active managers do not beat the market!
The person in this video clearly has very little grasp of how the investment business ACTUALLY works. Please pay zero attention to this person. Mutual fund prices do NOT rise or fall when investors add or withdraw money. Their prices fluctuate because the value of their underlying holdings fluctuates! This is only one, very basic, fundamental that this "financial coach" doesn't understand.
this guy is an idiot, obviously hes knows shit. Sellling the blue collar guy
christo437 1 month ago
Watch his other videos, and you will realize how smart this guy is. He is exactly right when he talks about mutual funds, no one can consistently beat the market over extended periods, unless you are Warren Buffett. I am a passive investor myself with Vanguard and I will do better than 95% of people who try to beat the market. So if you think Bryan is such an idiot it's probably because you let CNBC brainwash you. Go listen to what Jim Cramer and Suze Ormann tell you what to do with your mone
markm241 9 months ago
I love ideas and the key bobbybostic would be to give some rationale for your comment. Wild statements and words are a dime a dozen....Let's hear some facts or beliefs of why I am an idiot on this issue and we'll examine them together to see who would be making more sense. I will wait for your response.
bbinkholder 1 year ago
Just adding to my defense of the guy who didn't expand on your "idiot-ness", since many of their funds are international and there are other exchanges in the world, your "big numbers" statements are just plain silly. Also, if you look at their results over pretty much any period, you'd see that they beat the market pretty much all the time! BTW, I loved it when you get all lost in your own logic and say: "let's scratch all that and.." and then go off on an uneducated ramble. You're a joke!
anzacycling 1 year ago
Examine American Funds long term performance, they beat the market on a very regular basis and when compounding those gains over a long period of time the difference is huge. They are a long term focused mutual fund who doesn't attempt to pick hot stocks, they pick quality companies and buy them with the attitude of owning the business and sharing in the profits over long periods of time. Their risk adjusted returns are exceptional. What kind of portfolio have you held since 2000?
jrhwffMU 2 months ago
Idiot... You clearly don't know what you're talking about...
bobbybostic 1 year ago 3
His logic is totally off base. He tried to do some math, but quickly went off on a non-sensical tangent about active management. Let's try some math here. There were $19bn in outflows (according to his source)... American Funds has about 28 funds in their family.. If everything came out of a single fund on a single day and was all traded on the NYSE, it would be only be 12% of daily volume (avg daily vol on the NYSE is $150bn). Spread out over the year and they are but a pinprick..
anzacycling 1 year ago
Nope, not an industry person, just do alot of reading...
unieeban 1 year ago
Interesting question-I will guess you are an industry person since you bring up FINRA since most individuals have no idea what that is. Simple answer: Why would I want to have something approved by an entity that regulates Broker Dealers (Self Regulating Organization: SRO). Please research 'suitability rule' and Fiduciary rules. Registered Investment Advisors fall under different rules due to our Fiduciary guidelines.
bbinkholder 1 year ago
...Was this video approved by FINRA?...
unieeban 1 year ago
Was this video been approved by FINRA?...
unieeban 1 year ago
Thanks Jhole3 for the comment. I apologize when I talked about 'getting into position' I meant to say 'buying a stock' and instead said mutual fund. You can notice later when I talk about buying international small companies....that i was talking about stocks. I'll re-edit it to not confuse other and I really appreciate your pointing this out. Actually I'll all annotations noting what I meant to say and my 'vocab mistake'. The overall point remains, Active managers do not beat the market!
bbinkholder 2 years ago
The person in this video clearly has very little grasp of how the investment business ACTUALLY works. Please pay zero attention to this person. Mutual fund prices do NOT rise or fall when investors add or withdraw money. Their prices fluctuate because the value of their underlying holdings fluctuates! This is only one, very basic, fundamental that this "financial coach" doesn't understand.
jhole3 2 years ago