Picking winning stocks is easy. Just buy Apple, or Amazon, or Netflix. It’s a slam dunk, right?
There are some serious misconceptions about active management and index investing which I’d like to walk through with you today. I’m going to hit you with two really staggering numbers about the US stock market, then explain what each of these data points imply for active and passive investors. I think they make a pretty convincing case for Indexing.
As always, I’d love to hear your thoughts, so please comment so we can start a conversation.
References:
1. https://personal.vanguard.com/pdf/ISG...
2. https://seekingalpha.com/article/4185...
3. https://ca.spindices.com/search/?Cont...
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