This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Exchange-traded funds (ETFs) like Vanguard High Dividend Yield ETF (NYSEMKT: VYM) provide a simple way to invest broadly in a key theme -- in this case, stocks with a high dividend yield -- to generate passive income. If you are a passiveinvestor with a dividend focus, it's a decent one-and-done solution.
You'll see the two in the world of mutual funds, as an example. Actively managed mutual funds are ones where financial professionals study the universe of investments and decide which ones to buy and sell, and when to do so. Think of a classic index fund, such as one that tracks the S&P 500 index. Real estate funds?
The opportunities to trade derivatives and be involved in the hedge fund space was something that really had not emerged, at least for me in New York until Canyon Partners provided that opportunity. But if you look at, when I sold my software company in the late 1990s, we had this huge disconnect where I’m a value investor.
Also the biggest point that we make in the book from this perspective is the passive revolution. David Einhorn's in our book, famous hedge fund manager, founder of Greenlight Capital. Lawrence McDonald: Well, David Einhorn, who is in the book, a famous and famous hedge fund manager. Lawrence McDonald: Yes.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content