It's worse than that. Over any period of time index funds beat the average actively invested money because they have the exact same returns and less fees: http

It's worse than that. Over any period of time index funds beat the average actively invested money because they have the exact same returns and less fees: https://web.stanford.edu/~wfsharpe/art/active/active.htm https://web.stanford.edu/~wfsharpe/art/active/active.htm