Bob Kargenian’s Letter Published in Barron’s
12 Aug 2020
Bob Kargenian’s letter was published in Barron’s, a weekly newspaper that covers financial information, relevant statistics, and market developments.
In his letter, Bob says, “In perusing the article on robo-advisors, I had a “Where’s Waldo?” moment. No matter where or how hard I looked, nowhere could I find the ranking of Charles Schwab’s robo. Then I discovered that the article featured a breakdown of only the top-10-ranked robos. It seems that the industry’s largest independent custodians’ entry, dubbed Intelligent Portfolios, is nothing more than an oxymoron. Perhaps they need a new robot? Bigger isn’t necessarily better.”
Read Bob Kargenian’s Full Letter (login required).