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- Active Investing Datapoint of the Day
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The cost of active investing: $100 billion per year, according to Kenneth French at Dartmouth University. That’s up from just $7 billion in 1980, you can see why Wall Street has made so much money in the interim. In his annual letter this year, Warren Buffett does a nice job of explaining the mathematics:
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9 March, 2008| Economy |
@ 19:56
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