Recent analysis of over 400,000 mutual fund portfolios reveals that 65% fail to meet their benchmarks, causing long-term wealth erosion, especially for High Net-Worth Individuals (HNIs). The root causes include overwhelming choice, reliance on outdated portfolio management approaches, and overreliance on historical performance metrics, which are poor indicators of future returns, highlighting the need for modern, data-driven investment strategies.
Billionaire Terry Smith lists 5 reasons why Warren Buffett’s success can’t be replicated
Billionaire Terry Smith, often called “the English Warren Buffett,” argues that replicating Buffett’s success is impossible today. He cites Munger’s influence, leveraging insurance float, and
May 16, 2025