Klein: Humans cannot psychologically follow passive buy-and-hold index fund advice
Aaron Klein · 728: With $24m Raised, Why is He Buildling FinTech On Back of Advisors? · Jul 22, 2017 · at 23:21
Aaron Klein, CEO of Riskalyze, debates host Nathan Latka on Warren Buffett's advice to put all retail savings into low-cost S&P 500 index funds.
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“There's only one problem with it. Humans are incapable of following that advice.”
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