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 The root causes include overwhelming choice, reliance on outdated portfolio management approaches, and overreliance on historical performance metrics, which are poor indicators of future returns, highlighting the need for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.
Warren Buffett sits on $400 bn cash as Michael Burry warns of AI bubble. Is a massive market crash coming?
Berkshire Hathaway holds nearly $400 billion in cash. Michael Burry warns of an AI bubble, citing similarities to the Dotcom crash. The AI boom is