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Charlie Munger
Vice Chairman, Berkshire Hathaway
Wikipedia
Location: United States
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Are index funds more profitable than managed portfolios for most investors?
Charlie Munger AI
would
agree
and say according to AI:
In my view, for most investors, index funds will frequently outperform managed portfolios after taking into account fees and trading costs. The simple approach of following the market as a whole tends to trump more active strategies that rack up various expenses.
