Oct 9, 2026 · 18 min · 8 segments
Part 2 of Jason's journey to evidence. Chael gets philosophical. https://web.stanford.edu/~wfsharpe/art/active/active.htm…
Jason WattHost
Shale McDonaldHost
Where, you know, active management, it turns out that this is actually probably quite detrimental for the sort of broad Canadian invested- investing public.
... you know, if I, if I'm paying an active manager, and costs have come down a little bit, so this is cheaper than it used to be.
But at the time when I would've been sort of a proponent of this, it would've been pretty common to pay about 2% a year to-
And even in those days, you could find index investing that would be about a quarter of that cost.
Okay? Today, if I was gonna represent that fairly, I would say, you know, around 1.4, 1.5% would be fairly typical for active management, although you can certainly find a lot more than that.
And for index investing, you know, kinda somewhere between 5 and 30 basis points, like 0.05 to about 0.3%.
Where, you know, active management, it turns out that this is actually probably quite detrimental for the sort of broad Canadian invested- investing public.
... you know, if I, if I'm paying an active manager, and costs have come down a little bit, so this is cheaper than it used to be.
But at the time when I would've been sort of a proponent of this, it would've been pretty common to pay about 2% a year to-
And even in those days, you could find index investing that would be about a quarter of that cost.
Okay? Today, if I was gonna represent that fairly, I would say, you know, around 1.4, 1.5% would be fairly typical for active management, although you can certainly find a lot more than that.
And for index investing, you know, kinda somewhere between 5 and 30 basis points, like 0.05 to about 0.3%.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.
