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Tuesday, August 21, 2007 10:04:30 PM
If you get this newsletter, read the front page article (it's an interview with legendary economist Peter Bernstein).
He basically says that as finance theory gains sophistication, mutual funds will become a thing of the past.
I couldn't help but read the article and see Spooz charging ahead of the pack in this trend. He obviously doesn't mention Spooz by name, but his future vision is exactly the reality that Spooz is on the virge of creating/expanding.
Only my opinions here, but when you see industry giants like Vanguard and Goldman Sachs talking publicly about indexing and financial mathematics to drive investment, one can't help but do back hand springs at the thought of what Spooz is trying to accomplish.
Again, only my opinions.
May the road rise up to meet you, and the wind be always at your back.
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