Comments by "Samson Soturian" (@samsonsoturian6013) on "The Cost of Investment Hubris" video.

  1. You say rich people are more likely to pick stocks, but at some point if you have enough money it makes sense to cut the middleman in ETF and just buy a fully diversified portfolio directly. Much of the stock picking might just be additional cost cutting.
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  2. There's no reason to prevent active investors and market bubbles because the markets ultimately transfer money from the greedy to the frugal. Their losses are everyone else's gain.
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