Charlie Munger

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Vice Chairman, Berkshire Hathaway

Location: United States

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.