Vanguard's $2 Trillion Index Portfolios: Inside Look with Gerry O'Reilly

WEALTHTRACK
WEALTHTRACK
10,712
0
Published 2023-07-21
Uncover the secrets behind managing the world's largest mutual fund, the Vanguard Total Stock Market Index Fund, in this captivating episode of WEALTHTRACK. Join Gerry O'Reilly, the fund's principal portfolio manager, as he reveals the active management required for this trillion-dollar behemoth. Learn about O'Reilly's inspiring journey from Ireland to the 1988 Seoul Olympics before delving into his impressive track record. Gain insights into the misconceptions surrounding index fund management and discover the strategies employed to match the CRSP U.S. Total Market Index. Don't miss this exclusive episode for a behind-the-scenes look at the fund shaping the investment landscape.
#mutualfunds #vanguard #investingstrategy

00:00 Hello
00:50 Introduction
03:10 Interview with Gerrard O'Reilly
23:05 One Investment
25:02 Action Point

WEALTHTRACK episode 2004 broadcast on July 21, 2023

More info: wealthtrack.com/gerry-oreilly-on-why-passive-is-an…
All Comments (21)
  • @LOSTmanONTHEINTERNET
    I am Irish and i would never have guessed this guy was from here by looking and listening to him, he seems 100% American !
  • @iamkerenlouise
    Superb guest, interview, and discussion. I own this mutual fund and I feel assured that Mr. O'Reilly is handling the fund well--it's in good hands.
  • @slovokia
    Ver interesting guest - thanks! It would be great to hear from more folks from Vanguard who manage the funds / etfs.
  • @CommodityCulture
    Very fascinating episode, would love to see more of these kinds of discussions.
  • @celestialfix
    Very interesting perspective. I think most people think that running an index fund has to be a pretty sleepy operation, but this shows it’s not. Instead of chasing performance you are chasing compliance with the index, but it’s still a chase.
  • @MILGEO
    Very interesting episode! I wonder how Mr. O'Reilly feels about the introduction of so much Institutional clients money creating possible problems with the overall size of assets to manage as well as the trouble caused in Target Date Funds as a result of them? I've been a Vanguard investor since the early 90's and would love to see more guests from Vanguard on the show.
  • @greyhk2
    Just say no to the active stuff, despite the costs being lower than other active funds. Can't go wrong with indexes.
  • @repriser9876
    Jeff Basil says every new day at Amazon is day one. I say every day in AI is day one. 1989 I was already doing AI at those days level with the up-to-date technology.
  • @repriser9876
    Good interview. AI computer decision trading has been around about 20 years. Manual trading cannot compete response time. AI will not take over human beings just like Words Excel calculator replaced typewriter and slide-rule. It enhances productivity.
  • @krumw2
    Thanks! Excellence in Investing. The Gosple according to John Bogle and the Bogleheads. WMk
  • @StiMullen
    I've always been a fan of following the crowd, buying when it goes up and selling when it goes down, but this strategy has caused me to lose money over the past 4 years and I've lost about $100,000 so far. I really want to recover these losses but I don't know how to make the right decisions, do you have any advice?
  • @apergiel
    22:46 "have to have a short term memory" 23:20 doesnt provide the one investment, Slippery. I go to Wealthtrack for actionable items, nothing here to use. "Dark pools", good god.
  • @tonyd574
    I hope O'Reilly is not planning to retire any time soon.
  • @ryanbaileyboxing
    My favorite finance channels: Wealthtrack Mondays: Earn your leisure market Mondays Tuesdays: Wallstreet looks like us now network, Reppond Investments Wednesday: Reppond investments Also, melanin money podcast and peter Schiff show, wealthion, Joseph Carlson For crypto: Ivan on tech, crypto banter, cryptosrus Make my week complete!