"Gary Gensler joined Goldman Sachs in 1988 and spent 18 years there. He became a partner at the age of 30, youngest in Goldman Sachs history at the time. He later became head of the company’s fixed income and currency trading operations in Tokyo by the mid-’90s, and eventually the company’s co-head of finance.
He also advised the National Football League in its television negotiations in 1990. He helped raise the TV-advertisement-price-per-team to $32 million per year, up from $17 million from the previous contract.
Gensler is the co-author of the 2000 book (with Greg Baer), The Great Mutual Fund Trap. It argues that active trading and investing is an inefficient strategy for individual investors, and that individuals should stick with index and exchange traded funds."
(and I don't generally engage in ad hominems, but man... he even kind of LOOKS like a rat in that pic on Wikipedia!)
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