Investor Points of Few “Bird Watching for Black Swans”

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Investor Points of Few – Wednesday 25th November 2015 – “The academics go on and on about active management charges and funny flightless animals like Vanguard Passive Trackers…They’re a shortcut to thinking if you ask me. Trackers follow the market up and then they follow the market down. And once they complete the cycle, they charge you for the ride.”