31 August 2024

Advice from Axios if you need it....

Felix Salmon
Updated 10 hours ago -Business

Why you shouldn't invest like a billionaire

Illustration of the word "no," repeated and moving along the shape of a dollar sign.

Illustration: Brendan Lynch/Axios

A perennial pitch in the investment industry comes from firms that claim to give the middle class access to investment strategies hitherto available only to people of great wealth.

The catch: Investing like the ultra-rich is a terrible strategy for most people.

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