
How Should I Invest My Money?
What Happens Next in 6 Minutes
The Role of Active Managers in Investing
In 1968, I suggested that instead of an active manager, the future was passive investing index funds. The overwhelming empirical evidence is that active mutual fund managers underperform index funds on average. Most wealth managers and mutual funds charge investors around 1%, but you only charge 12 basis points. We use a lot of technology to deliver this effectively.
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