Nodic is skeptical that policy makers (this administration or next) will have the 'hutzpah and mandates' to actually restructure 401k allocations toward private assets in the next 5 years, predicting it will be a 'much longer slower burn' affecting people currently 20-25 years old.
forecastpending
Speaker
Dave NodicEvidence Quote
“I think it's a bit of a fantasy to think that 5 years from now the average 401k is going to be 5% in private anything.”
Source
The Trillion Dollar Trap | Mike Green on Passive Investing's Fatal Design Flaw— Excess ReturnsCreated: 8/11/2026, 5:27:10 AM
My Notes
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