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How Will You Tell Your Kids to Invest?
Given how hard it is to find managers, how wide the behaviour gaps tend to be with people constantly chasing performanced i know you have, i think, four kids. How will you tell them to invest get given all that you know? When you look at the success of investors picking active, active funds themselves, but then investors picking active funds, what will you tell your kits? Ye would tell them, unless they are willing to do the work, which is not insubstantial, as you know, they should index a and i think this holds for pretty broad swath of investors. The second thing that i would tell them is, sort of hands off. And sertanly,