5min chapter

What Happens Next in 6 Minutes cover image

How Should I Invest My Money?

What Happens Next in 6 Minutes

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode