Скачать или смотреть Charlie Munger: Why Your Financial Advisor Keeps You Poor (Industry Scam Exposed)

Charlie Munger exposes how financial advisors systematically destroy wealth while collecting fees. Why do people pay 2% annually for 6% underperformance?
💸 The Financial Advisor Scam:

$100K managed for 30 years: Advisor fees cost $400K in lost wealth
Average managed fund underperforms S&P 500 by 2-3% annually
Assets Under Management model = conflicts of interest
Insurance as investments = 3-5% annual fees for inflation returns

🏦 How They Keep You Poor:

Complex portfolios justify ongoing fees vs simple index funds
Commission conflicts: recommendations benefit advisor, not you
Variable annuities = worst products for clients, best for advisors
Churning generates fees while destroying returns
"Financial planning" = elaborate sales theater

📊 The Real Numbers:

S&P 500 index fund: 0.03% fees, 10% average returns
Actively managed funds: 1-2% fees, 7-8% actual returns
Robo-advisors provide same service for 0.25% vs 2%
DIY investing beats 90% of professional management

At 99, Charlie Munger has watched the advisory industry evolve into a wealth extraction machine that benefits advisors while impoverishing clients. Learn why simple beats complex.

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