Vanguard retail investors behave as long-term investors and do not exhibit the flightiness or reactionary behavior that institutional investors do, contradicting the narrative that retail investors need protective structures (like lockups) more than institutions.
factualpending
Speaker
Dan RasmussenEvidence Quote
“if you look at the Vanguard you know investors they're actually remarkably uh long-term in in nature... institutional investors I've found to be quite fickle [30:06]”
Created: 8/11/2026, 8:01:35 AM
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