AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Why You Think 90% of Active Managers Can't Beat the Market?
Benjamin Graham: 90% of active managers can't beat the market. He says to finish first, you have to first finish in an auction driven market. The index is too dumb to know that it owns all these companies and doesn't ever sell them.Graham: When making important decisions, I'm going to be trying not to make a mistake.