Investment Industry: How to Win the Loser's Game [Part X] – ValueWalk Premium
Stock Investment Lesson Pain

Investment Industry: How to Win the Loser's Game [Part X]


We’ve explained how ordinary investors can win the loser’s game. But what about the bigger picture? In the tenth and final video in this series, we explore how the investment industry needs to change if it’s to serve investors better and make a more valuable contribution to the economy and to wider society.

See Part IX here.

Investment Industry: How to Win the Loser’s Game

Transcript

The investment industry has become a key component of the global economy. Here in Scotland, for example, hundreds of fund managers, brokers, advisory firms and consultants have concentrated around Edinburgh, now Europe’s fourth largest financial centre.

Yes, the sector does make a key contribution to economic wealth and tax revenues. But, as we’ve seen, it also takes a great deal from ordinary investors through the charges it levies. So, has the investment industry just got too big for our own good?

Merryn Somerset Webb from MoneyWeek says: “The fund management industry needs huge reform – of course it does. There are way too many funds, there’s too much attempting to produce difference out of nothing. This is a huge problem in the financial industry. If you want to sell things you need to differentiate yourself from the next guy along. But in fact investing is remarkably simple – not necessarily easy, but simple, straightforward. It doesn’t need so many different products, it doesn’t need so much differentiation, it doesn’t need quite so many people, and it doesn’t need to be so expensive.”

See full via sensibleinvesting.tv

Investment Industry: How to Win the Loser's Game [Part X]

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0