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Assume a non-finance person thinks that since the capital markets are efficient all investment for...

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Finance

Assume a non-finance person thinks that since the capital markets are efficient all investment for this person will be directed to a single domestic equity market ETF (Exchange Traded Fund). Lowest fees with highest diversification imply that this investment will be better than the average fund performance.Is there any justification of why investors should use professional asset management services to help with their investments?

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