MI238: A Guide to a Winning Investment Strategy w/ Larry Swedroe
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Active Investing Is Exciting
A lot of your book focused on why active managers can't beat the market. But what about for the retail investor where we don't have those same fees and costs? You know, just acknowledging they know more than you and that's what the research shows. Every time individuals buy a stock, on average, it goes on to underperform after they buy it. On average, when they sell they underperform.
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