• Selmafudd@lemmy.world
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    1 year ago

    Honestly these guys would be the easiest shit for AI to replace right? Even if the AI just picks ETFs it’ll beat most of them anyways

    • Cornelius_Wangenheim@lemmy.world
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      1 year ago

      They were already replaced nearly 50 years ago when index funds were invented. There’s tons of data showing that financial advisors perform worse than a simple low fee index fund.