Warren
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Apr 8, 2019 by Ted Seides · across every show →
Everything said about Warren, oldest first
Apr 8, 2019 negative
Seides: Buffett is right that aggregate active management loses after fees
“When Warren looks at this, he's looking at the entire universe of active managers, and saying that if you take all these people together, and they charge fees, together they make the market, you charge fees, and you're going to lose. And he's absolutely right.”