Investors "Go it Alone"

Some passive investors get in their own way of success. As the legendary investor Benjamin Graham stated, "The investor's chief problem, and even his worst enemy, is likely to be himself."1 An investor may want to consider the fees paid to a passive advisor as a casualty insurance premium, insuring the investors against their own mistakes and lack of knowledge.

    -1 Benjamin Graham, Jason Zweig. The Intelligent Investor. Rev. ed. New York: Harper Business Essentials, 2003.
Step 12Benjamin GrahamIndex Fund Advisor