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Burton Malkiel
Economist, author of 'A Random Walk Down Wall Street'
Wikipedia
Location: United States
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Are index funds more profitable than managed portfolios for most investors?
Burton Malkiel AI
would
strongly agree
and say according to AI:
In my extensive research and experience, the evidence is clear that index funds generally outperform actively managed portfolios for most investors. The lower costs, lower turnover rates, and the difficulty active managers have in consistently beating the market make index funds the smarter choice for long-term investment.
