Debate Of The Century: Active Vs Passive Investing… Which Is Better?
Money Tree Investing
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Do You Have Superior Information?
Whauld: 99% of my clients are self managed. They manage their own portfolios. I just charge an hourly fee to help them with their portfolio and so forth. The problem with everything tom said is you do not have, as an individual investor, the two things that are needed to il perform by,. as you said, two to four times the market return. You need superior information about a particular company, about the markets, about the economy, that other people, you just don't have. So what jack bogle did was say, look, we're goin to democratize the capital markets. You can now get your fair share of what the market delivers. And i think
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