{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"WTT: When the Benchmark Becomes a Bet","description":"Throughout most of my career, the S&P 500 has been an appropriate bogey to assess manager performance. More than that, it\u2019s the most widely used benchmark in the capital markets. But today, it doesn\u2019t represent the broad-based, diversified exposure to the U.S. economy that most participants take for granted when investing passively or measuring manager skill. This WTT, When the Benchmark Becomes a Bet, considers the evidence, implications, and challenges posed by the current composition of the S&P 500. Read Ted\u2019s blog here.   Editing and post-production work for this episode was provided by The Podcast Consultant (\u2060https:\/\/thepodcastconsultant.com\u2060) ","author_name":"Capital Allocators \u2013 Inside the Institutional Investment Industry","author_url":"https:\/\/capitalallocators.com","html":"