Retail investors are not more sophisticated than 30 years ago, says former hedge fund manager

Retail investors trying to beat the market by buying individual stocks and complex exchange-traded funds may be better off with broad market index funds.

Retail investors are not more sophisticated than 30 years ago, says former hedge fund manager

Retail investors trying to beat the market by buying individual stocks and complex exchange-traded funds may be better off with broad market index funds.

This story was originally published by cnbc.com. Use the link below to read the full article at the source.

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