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Do I need an active manager? #australianinvestor

The creator argues against the need for active managers to avoid market bubbles, stating that even fund managers struggle with prediction and often miss out on significant gains. Instead, they advocate for ETFs as a more sensible approach due to their natural rebalancing, diversification benefits, and ability to adapt to sector performance, eliminating the need for costly active management.

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The creator argues against the need for active managers to avoid market bubbles, stating that even fund managers struggle with prediction and often miss out on significant gains. Instead, they advocate for ETFs as a more sensible approach due to their natural rebalancing, diversification benefits, and ability to adapt to sector performance, eliminating the need for costly active management.

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