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The Ultimate Equity Market Is The Global Equity Market

We look at the FTSE Global All Cap index and the Vanguard World Stock ETF. The goal of the Vanguard World Stock ETF is to track the performance characteristics of the FTSE Global All Cap index.

Then, we use the ultimate equity market to prove passive management always outperforms active management after-cost.

There is no larger equity market than the global equity market.


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