You can get to big numbers on global capital markets, for sure. I was wondering whether you a consulting/VC-style estimate given how specific the statements was: "Smart Markets hold the potential to eliminate that loss" of "at least a trillion dollars annually".
How do you think about it? Let's say we expect half the benefit to come from equities.
>> 0.5T / 125 T = 0.004
>> Smart Markets would need to raise portfolio returns by an average of .4% (net of trading costs) annually.
How do you think about it? Let's say we expect half the benefit to come from equities.
>> 0.5T / 125 T = 0.004
>> Smart Markets would need to raise portfolio returns by an average of .4% (net of trading costs) annually.