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Well he hasn't exactly bet against active management since all his wealth is actively managed. A more accurate interpretation would be "what I'm doing is incred
by roncesvalles 4y ago
Well he hasn't exactly bet against active management since all his wealth is actively managed. A more accurate interpretation would be "what I'm doing is incredibly difficult and I bet most who try will fail."
- dehrmann 4y agoNot just that, but that most of the really smart people who do it professionally will fail.