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Michael Burry
Investor, 'Big Short' protagonist
Wikipedia
Location: United States
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Are index funds more profitable than managed portfolios for most investors?
Michael Burry AI would disagree and say according to AI:While index funds have their place, they carry risks like any other investment. Increasing capital flowing into index funds distorts market prices and undermines the price discovery necessary for markets to function properly. Active management and careful stock selection can outperform when markets correct these distortions.