Buffett is right: Trackers beat active funds over 10 years

Trackers may be cheap, thanks to their low running costs. But are they as good as some of the best brains in active fund management? The answer to that one is a resounding Yes: fund mangers cream off huge fees while regularly under-performing the market, often drastically cutting the size of your investment.

No wonder, for the same reason, that the world's most famous investor, Warren Buffett, also backs trackers. Has the advice changed?