980m a week but is boss ‘Drastic’ Dave Lewis off to Unilever? DAILY BRIEFING: Gatwick Airport saw passenger numbers increase by 2. The world’s most successful and well-known investor has won his long-held bet that a fund controlled by a robot would outperform a human expert fund manager over the course of a decade. P 500 stock market index would what did warren buffet invest in a selection of funds managed by humans after a period of ten years.
He argued that the big fees charged by fund managers eat away at savers’ returns and that, consequently, most people would be better off putting their money in a cheap tracker fund instead. Trackers are popular with investors — particularly younger investors — who want to keep down their costs. However, if the stock market crashes, the value of your investments will plummet in value along with it, whereas a good manager will be able to react to limit your losses. Should you invest in an IPO?