We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Too many managers

15 May 2006

The US is damaged by the brain drain into money management, says Charlie Munger. Yet America has a comparative advantage in investment. Besides, excessive fees, and the prospect of disappointing returns, are likely to produce a shakeout in the investment world.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)