> Whether to invest in the market, or in a certain asset class, is a separate decision from whether to pick stocks or buy a passively managed fund. Picking st

> Whether to invest in the market, or in a certain asset class, is a separate decision from whether to pick stocks or buy a passively managed fund. Picking stocks vs Picking managers vs Passively investing, but sure. You're right in principle but i'd question whether it's true in practice?