“I think there was a wrong idea that you can be faster than the market and that people can really get ahead of many things by just trying to capture information faster. I think that information advantage that people claim to have … it's very hard to actually capitalize.”
Masters in Business · October 2026
The host's closing question: what do you know today that would have been useful 30 years ago? Aguilar says he underestimated how fast the market would move.
Transcript
What do I think today?
What do you know today would have been useful 30 years ago?
I would probably say that, you know, underestimating the effect of how fast, you know, the market was going to move was there. I mean, I think there was a wrong idea that you can be faster than the market and that people can really get ahead of many things by just trying to capture information faster. I think that information advantage that people claim to have, you know, when after all these years in the investment, you know, it's very hard to actually capitalize.
Really, really fascinating. Omar, thank you for being so generous with your time. We have been speaking with Omar Aguilar. He's CEO and CIO at Schwab Asset Management. If you enjoy this conversation, well, check out any of the 662 we've done over the past 14 years, 14 years, 12 years. You can find those at iTunes, Spotify, YouTube, Bloomberg, wherever you get your favorite podcasts. I would be remiss if I didn't thank the crack team that helps put these conversations together each week. Anna Luca and Elizabeth Sedrin are my producers. Sam Danziger is my video producer. Sean Russo is my researcher. I'm Barry Ritholtz. You've been listening to Masters in Business on Bloomberg Radio.
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