Thread by @KailashConcepts

🙏 for all those that participated in our poll.

The 87% that said "YES" to firing the manager for underperforming their bench by 100% over 5 years, nice work, you just fired Warren #Buffett on Feb 28, 2000 (see Fig 1)

https://twitter.com/KailashConcepts/status/1526662504947978240

Look now at Fig. 2: only two years after said Index Advocate would have fired Buffett, BRK was ahead of the index by 72%

The benefits of sitting out the crazy periods can be seen in Fig 3 below. That is Buffett from 1995 – today. Unfortunately Mr. Buffett will not live forever.

Fortunately, Kailash has every intention of providing investors with access to process driven methods that will vary more widely from the index than Buffett does, while seeking larger excess returns over a full cycle.

As long as a manager has a historically informed, common sense, disciplined and low-fee approach to investing, beating an index is INEVITABLE

See our recent piece👇
kailashconcepts.com/vanguard-small…