Before you start reading the post, just a small background. Recently, several large stockbrokers in the United States such as Schwab, TD Ameritrade, and Fidelity went free. This was interesting for a whole lot of reasons I’ve outlined in the post. Thinking about what’s going on in the US and comparing it with India was…… Continue reading Everything is free or almost free. The great cost compression in financial services
Tag: Passive investing
Once an idea takes root. Q1 US fund flow highlights
I know this isn’t all that relevant for you as an Indian investor but this data goes to show the power of an idea – passive investing, in this case. This also reminds me of this quote: You can kill a man, but you can’t kill an idea. Medgar Evers In India, we are in the very very early stages of…… Continue reading Once an idea takes root. Q1 US fund flow highlights