Investment advice, fees & bias

(Last Updated On: November 20, 2019)Investment advice, fees & bias Warren Buffett gives the best advice on investment advisors, fees and bias: “The question of finding investment advisers is a hard one. Most advisers are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship.”  Warren Buffett  “Money managers purposely work at manipulating numbers and deceiving investors. They’re selling the fund of fund stuff – it’s really unbelievable, piling on the layers of costs. But if they are good at marketing they don’t need to be good at anything else. The poor guy in the general public is getting a terrible product.”  Warren Buffett  “Many brokers are far … Continue reading Investment advice, fees & bias