What would be your retorts for this article and appropriate counterarguments?
What particularly caught my attention was this idea:
The real secret is Buffett is talking his book by not talking it: Rather than tell investors to buy Berkshire at any price, he tells people to invest passively through an index, which leads to the very market inefficiencies that he profits from.
I'm also a little bit worried about what is said here, but I don't fully understand it:
Vanguard promotes its rock bottom expense ratios, but what is not published is market impact costs that are incurred when the fund rebalances.
What would be counterarguments to this?
Just 4% of stocks accounted for all of the $31.8 trillion in gains during this period. That means 96% of stocks were complete garbage.
Submitted February 27, 2017 at 07:01AM by AnythingForSuccess http://ift.tt/2mvl6Xw
