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#30: Meb Faber On The Future Of Investment Management

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Cost of Investing in a Mutual Fund

The average cost of a mutual fund today in the US is still 1.25%. You don't have to pay anything to invest today, which is an astonishing development, but people still do. I think it's a multi-decade transition where, you know, that science progresses one funeral all the time. The world is still dominated in Wall Street and finance is just littered with predators.

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