Charlie Munger 'Why almost nobody outperforms index'

Charlie Munger, Vice President of Berkshire Hathaway, explains why most investors aren’t able to outperform the market. Munger claims that on average, people should invest in passively managed index funds and avoid stock picking. According to DALBAR research, only 4% of funds outperform the index every year and this 4% are constantly changing. A few results: https://www.thebalance.com/why-average-investors-earn-below-average-market-returns-2388519 https://www.ifa.com/articles/dalbar_2016_qaib_investors_still_their_worst_enemy/ https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp -------------------------- FOR MORE: My Course: https://www.udemy.com/course/financial-tips-for-busy-people/?referralCode=05AB51EB1BD6A69119E4 Subscribe to the Blog Newsletter for our FREE E-book on Introduction to Investments: https://compoundimprovements.com/newsletter Please consider donating here. Your support really matters: https://www.paypal.me/cimprovements --------------------------