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Saturday, October 24, 2026Updated 19:07 UTC

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

Source: CNBC · Oct 24, 2026 15:00 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

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.

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